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Property Loans Are So Unappealing That Banks Want to Dump Them - Bloomberg

“Some banks have tested the market on office loans and they just can’t hit the numbers,” Zegen said. “There’s too much of a bid-ask spread, and there’s really nothing to talk about because agreeing to the lower pricing would make these banks more insolvent.”

#real-estate #interst-rates #bankruptcy #banks - bloomberg.com

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