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US commercial real estate contagion moves to Europe

Lenders are taking increasing provisions on debt extended to property owners and developers as loans begin to sour after rising interest rates eroded building values. ....

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NYCB gets third credit downgrade as CRE exposure worries spill to Europe

​New York Community Bancorp faced its third credit-rating cut on Thursday as defaults worries from exposure to the beleaguered U.S. commercial real estate (CRE) took its toll on lenders in Europe and Asia. ....

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US Commercial Real Estate Contagion Is Now Moving to Europe

US Commercial Real Estate Contagion Is Now Moving to Europe
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Commercial real estate contagion spreads to Europe

U.S. commercial property market troubles moved to Europe this week, elevating fears about broader contagion. Read more ....

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