In commercial real estate, financing has been tough as banks pull back from lending. Too many institutions have serious worries about what is happening in CRE. Property values keep dropping, transactions have plummeted with the lack of price discovery, and owners face hurdles in getting loans.

Regulators have put a lot of attention on banks given the number of high-profile failures earlier this year. That’s helped put more of a chill on that route of lending.

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Erik Sherman

GlobeSt

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