The Incoming Commercial Real Estate Crisis No One Seems Prepared For

‘I think that there’s more to come,’ said Peter Earle, research fellow at the American Institute for Economic Research.

Illustration by The Epoch Times, Shutterstock

It has been a year since a string of U.S. regional bank failures, together with the collapse of global heavyweight Credit Suisse, caused many to fear that a major financial crisis was imminent.

But, by the summer of 2023, the panicked withdrawals by frightened depositors largely subsided.