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In a recent real estate revelation, property tycoon Barry Sternlicht warned of $1.2 trillion in real estate losses....

(Bloomberg) -- Property mogul Barry Sternlicht last week said there’s $1.2 trillion of real estate losses in offices alone and “nobody knows exactly where it all is.” Investors are growing alarmed that smaller banks might be on the hook for much of the wipeout.Most Read from BloombergGermany’s Days as an Industrial Superpower Are Coming to an EndBiden’s Attempt to Address Memory Issue Backfires With New GaffeTop Nigerian Banker Killed in Helicopter Crash in Cal...