Distressed US commercial property assets rise to $64 billion

Bloomberg/John Gittelsohn/6-22-2023

aerial photo of San Francisco skyline“Distress is spreading in the US commercial real estate industry, with the amount of troubled assets climbing to nearly $64 billion in the first quarter of this year.”

USAGOLD note: Another $155 billion in commercial real estate is potentially troubled. This is one of several grey swans circling the pond.

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