The commercial real estate market is teetering on the edge of a financial apocalypse. 2Global financial institutions have identified commercial real estate as a threat to the economy's stability. Banking Crisis to WorsenThe typical commercial real estate business model is at the core of the problem. They have about $3 trillion of commercial real estate on their balance sheets.10“Shark Tank” star Kevin O’Leary sounded the warning about the impact of a commercial real estate collapse. “These banks are going to fail because up to 40% of their portfolio is in commercial real estate,” O’Leary said.

Source: Washington Post February 26, 2024 20:21 UTC