Subject: Commercial real estate debt problem coming?
https://www.wsj.com/real-estat...

Peter Grant of the Wall Street Journal reported today that banks that have loaned money to finance the purchase of commercial real estate are requiring borrowers to pay back tens of billions of dollars as the delinquency rate for such loans has climbed to a high not seen since just after the 2008 financial crisis. About $100 billion in commercial real estate loans that have been packaged into securities will come due this year and probably won’t repay when they should. More than half of the loans are likely headed for foreclosure or liquidation.

Jeff