Globe Street |Community Banks Say, ‘CRE Crisis? What Crisis?’

Jul 31, 2024

For the length of the CRE loan crisis, there’s been a basic question of whether smaller banks have precisely the same challenges facing regional and large institutions. Community banks are speaking up more, arguing that they don’t have exposure to the most dangerous commercial real estate.

“The focus has been on office as that is the weak category,” said John Buran, the chief executive officer of Flushing Financial, told the New York Times. “Most community banks don’t have the type of exposure.”

Source: Community Banks Say, ‘CRE Crisis? What Crisis?’

Boston Multifamily Provides Professional Multi-Family Apartment Marketing and Brokering Services

Pin It on Pinterest