Since the second quarter of 2007, we have seen a 300% increase in commercial real estate loan delinquencies.
From the Fortune article that featured the above chart:
U.S. banks hold some $1.8 trillion worth of commercial loans, according to Federal Reserve data. Big regional banks, including PNC of Pittsburgh, KeyCorp of Cleveland and BB&T of Richmond, Va., have more than half their loan books in commercial loans.
The next 18 months could be very interesting for commercial real estate.
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