More trouble from commercial real estate and banking

Commercial real estate is beginning to roll over – and last week, we saw the alarming domino effect on regional banks.Regular Digest readers know that for months, we’ve been running a “commercial real estate watch” segment to monitor this critically important sector of the U.S. economy.The core problem reduces to elevated refinancing costs (based on the Fed’s rate hikes) that are inflicting serious pain on the commercial real estate sector.As commercial real estate loans are now coming due at a time when pr ...