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He discovered that dos,114 banking companies got just what authorities think “excessive” industrial mortgage exposure you to definitely warranted a close look because of the the bank examiners. That’s about 50 % of all of the FDIC-covered banks in the country, based on Statista. Losing valuations, combined with the brand new $870 billion in the business property fund maturing this current year, considering MSCI, is pressuring refinancings during the untenable costs. (more…)