Briefing
Understanding the Surge in Commercial Real Estate Lending
Muething, Catherine; Fessenden, Helen (2017-08)
U.S. banks have increased their commercial real estate (CRE) lending significantly in the past five years. Economists and regulators note that some positive factors are driving this trend, but they also see potential risks. Analysts at the Richmond Fed have found that some banks could be especially vulnerable if economic conditions deteriorate. These include institutions that are in certain major urban areas and have high concentrations of CRE loans, rapid CRE loan growth, and heavy reliance on "noncore" (or illiquid) funding. But the analysts also conclude that, overall, banks' CRE exposures ...
Richmond Fed Economic Brief , Issue August

Journal Article
Banking Trends: Estimating Today's Commercial Real Estate Risk
D'Erasmo, Pablo (2019-01)
To survive a decline in commercial real estate prices such as occurred during the financial crisis, how much more capital do banks today need?
Banking Trends , Issue Q1 , Pages 9-15

Journal Article
Banking Trends: Estimating Today's Commercial Real Estate Risk
D'Erasmo, Pablo (2019-01)
To survive a decline in commercial real estate prices such as occurred during the financial crisis, how much more capital do banks today need?
Economic Insights , Volume 4 , Issue 1 , Pages 9-15