Even with subtle news developments about commercial real estate distress, Marcus & Millichap stands by its earlier call that a systemic bank fallout from commercial real estate is unlikely, while there are some sectors that are riskier than others.

John Chang, senior vice president of research services, Marcus & Millichap, said in a recent company-produced video that loans created with aggressive underwriting and financing strategies and those that used floating debt without a hedge are most susceptible.

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