Commercial real estate (CRE) markets are experiencing profound shifts in the wake of the post-pandemic, higher-interest rate environment. Central business districts (CBDs) composed of sparsely rented ...
Wendy Cai-Lee, CEO of Piermont Bank, has decades of experience in finance & business advisory. She advocates on banking for growing SMBs. The commercial real estate (CRE) sector is experiencing a ...
Commercial real estate remains a touchy subject for banks as they try to rationalize their balance sheets while avoiding painful losses. More banks will consider asset sales or turn to ...