Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?
PYMNTS
NOVEMBER 12, 2020
Adding to the problem, the Post reported, is the fact that the looming threat of bankruptcies and defaults has already caused banks to tighten lending. Missouri-based commercial real estate broker John John told local media that the pandemic was the final push for a sector that had already been in a decline. No Quick Fix.
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