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☆ Blackstone says the real-estate market is bottoming. Here are 7 ways it's getting ahead of the situation.
  + stars: | 2024-05-08 | by ( Alex Nicoll | ) www.businessinsider.com   time to read: +2 min
This story is available exclusively to Business Insider subscribers. We found the firm has been spending on distressed real estate, such as its purchase of loans from the FDIC after the failure of Signature Bank, as well as investments in buzzy real estate, like data centers. In a January earnings call, Blackstone president Jonathan Gray announced that commercial real estate, which recently suffered its biggest price declines in half a century, could soon hit bottom. "While it will take time, we can see the pillars of a real estate recovery coming into place." Here are the 7 recent real estate and real-estate-adjacent deals that show how Blackstone is trying to get ahead of the CRE bottom in chronological order.
Persons: Jon Gray, Blackstone, Gray, Jonathan Gray Organizations: Business, Signature Bank
☆ Buy these five stocks ahead of earnings before it's too late, Bank of America says
  + stars: | 2024-04-20 | by ( Michael Bloom | ) www.cnbc.com   time to read: +5 min
CNBC Pro combed through Bank of America research to find the firm's favorite buy-rated stocks ahead of company earnings. They include: CoStar Group, Fidelity National Information Services, Cisco, Home Depot and Adobe. Bank of America upgraded the stock to buy from neutral earlier this week, citing several positive catalysts. "A growth company buying a growth company," he said of the deal. Home Depot "A growth company buying a growth company.
Persons: Tal Liani, Liani, Robert Ohmes, Ohmes, Jason Kupferberg, Kupferberg Organizations: Bank of America, CNBC, Fidelity National Information Services, Cisco, Home, Adobe, Cisco Time, Home Depot, Fidelity National Information, FIS Locations: Bank, Atlanta, buybacks
☆ Banks are well positioned for CRE concerns, says Baird's David George
  + stars: | 2024-04-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBanks are well positioned for CRE concerns, says Baird's David GeorgeDavid George, Baird bank analyst, joins 'Closing Bell' to discuss the banking sector and which banks he's looking at as winners in the sector.
Persons: Banks, Baird's David George David George, Baird
☆ Benefit Street's Richard Byrne talks finding opportunity in the CRE debt space
  + stars: | 2024-04-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBenefit Street's Richard Byrne talks finding opportunity in the CRE debt spaceRichard Byrne, Benefit Street Partners president, joins 'Closing Bell Overtime' to talk commercial real estate, the borrowing environment, recent comments from Jamie Dimon and more.
Persons: Richard Byrne, Jamie Dimon Organizations: Street Partners
☆ Buy these 10 bank stocks now before the Federal Reserve cuts interest rates, according to Bank of America
  + stars: | 2024-03-24 | by ( James Faris | ) www.businessinsider.com   time to read: +5 min
Plus, falling interest rates and continued economic growth would be tailwinds. The aforementioned catalysts are still in place — including interest rate cuts, as investors discovered a day earlier. Until then, the firm believes bank stocks can outperform into the first-quarter earnings season. 6 regional bank stocks worth buyingThe continued rally in financials will be powered in large part by regional banks, BofA believes. "We see the capital markets momentum continuing into 2025, which should drive investor interest in both stocks," Poonawala wrote.
Persons: Financials, Ebrahim Poonawala, Poonawala, BofA, Goldman Sachs, Morgan Stanley, Wells Fargo, Charlie Scharf, Jamie Dimon Organizations: of America, Business, Federal Reserve, Investors, Bank of America, First Bancorp, FNB Corp, Truist, US Bancorp, Western Alliance, JPMorgan, Wall, titans Locations: financials, Wells Fargo
☆ Consumers frustrated by the economy might never get the relief they're ultimately hoping for
  + stars: | 2024-03-20 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +6 min
In today's big story, we're looking at why the economy has most consumers feeling like they are stuck in place . A "trapped in place" economy is in full swing. Bad buying conditions coupled with everyday high prices means consumers can't make any major life changes , writes Business Insider's Emily Stewart. But it's not the only area of the economy that's stuck, Emily writes. So, while consumers lament being stuck in place, they should also avoid getting stuck looking to the past.
Persons: —, Rebecca Zisser, Emily Stewart, it's, Emily, gunning, It's, Jerome Powell's, Tyler Le, Steve Mnuchin, Brian Moynihan, Instagram, Jensen Huang, Chelsea Jia Feng, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Business, Tech, Federal, Wall Street, Investors, Blackstone, JPMorgan, MLB, Bank of America, mojo, Nvidia, Astera Labs, NASDAQ Locations: It's, Chelsea, New York, London
☆ Risky commercial real estate investments are getting squeezed as the market collapses
  + stars: | 2024-03-19 | by ( Filip De Mott | ) www.businessinsider.com   time to read: +3 min
Delinquent assets are taking over investment products that bundle risky commercial real estate debt, Bloomberg reported. Issuers are extending maturities and buying back delinquent loans. Between 2019 and 2021, CLO issuance skyrocketed from $19 billion to $45 billion, Bloomberg found. Others are using cash reserves to buy out delinquent loans, purchasing a record $1.3 billion last year, according to JPMorgan estimates cited by the outlet. AdvertisementIssues with CLOs reflect a bigger theme in commercial real estate, as even investment grade projects face debt concerns.
Persons: —, CLOs Organizations: Bloomberg, Service, Investment, JPMorgan, Barclays
☆ How real estate's pain could be Wall Street's gain as Blackstone, Goldman, and others dive back in.
  + stars: | 2024-03-19 | by ( Alex Nicoll | ) www.businessinsider.com   time to read: +12 min
That's not to say predictions of a commercial real estate rebound are a sure bet. Here are four signs that support Gray's prediction that the commercial real estate market may be bottoming. (New York Community Bank had previously purchased $2.7 billion in Signature's loans and deposits, but not the real estate loans.) According to David Seifert, partner at private equity real estate firm Velocis, there are some sweet deals to be had in secondary sales of private-equity funds tied to real estate. The road aheadWhere Gray sees signs of bottoming, others think commercial real estate has much further to fall.
Persons: Warren Buffett, Buffett, Paul Getty, Getty, Steve Mnuchin —, Blackstone, Mnuchin, Donald Trump's, George Soros, John Paulson, It's, Jonathan Gray, Jim Garman, That's, Barry Sternlicht, Gray, Tracy Chen, Chen, BGO, secondaries There's, Ares, Brian King, King, David Seifert, Seifert, Velocis, Goldman Sachs, Dan McNamara, McNamara, Scott Rechler, wallop, Janet Yellen, Rechler, there's Organizations: Business, Goldman, Reuters, Starwood, Brandywine Global, Federal Reserve, . Bank, New York Community Bank, FDIC, Signature Bank, Community Bank, Fund Management, Community Preservation, New, Commercial Observer, Blackstone, Homes, Digital Realty, Polpo, RXR Locations: Blackstone, , New York, New York, BREIT, Real, Velocis
☆ Naftali Group CEO on CRE: Conversion cost is too high for many older commercial buildings
  + stars: | 2024-03-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNaftali Group CEO on CRE: Conversion cost is too high for many older commercial buildingsMiki Naftali, Naftali Group chair and CEO, joins 'The Exchange' to discuss real estate opportunities in New York, luxury condo trends in Miami, and more.
Persons: Miki Naftali, Naftali Organizations: Naftali Group Locations: New York, Miami
☆ These 28 regional and community banks exceed regulators' threshold for high commercial real estate concentration risk: here's what's really at stake.
  + stars: | 2024-03-09 | by ( Laila Maidan | ) www.businessinsider.com   time to read: +12 min
But where banks' exposure to commercial real estate is concerned, locating that fire may be difficult. Rising interest rates quickly increased the cost of borrowing for investors in commercial real estate, including offices and multifamily homes. It doesn't reveal details such as borrowers' track records, said Mark Hillis, a former chief risk officer for commercial real estate at JPMorgan. There's also varying concentration risk: the largest banks with commercial real estate exposure are more diversified, meaning that any losses won't be as devastating, Baker said. "We think very few banks will run into issues just from their commercial real estate exposure," Reidy said.
Persons: Michael Barr, Jerome Powell, Todd Baker, Mark Hillis, Clifford Rossi, Robert H, Rossi, Baker, There's, Hillis, multifamily, haven't, You'll, Banks, you'll, Rebel Cole, NYCB, Matt Reidy, Reidy, Cole Organizations: Federal Reserve, Business, York Community Bank, SEC, Richman Center for Business, Law, Columbia University, JPMorgan, Smith, Smith School of Business, University of Maryland, Mortgage Banker's Association, Bank, Signature Bank, First, Countrywide Bank, Washington Mutual, Citigroup, multifamily, Florida Atlantic University, Federal, Regulators, TCRE, Equity RCRE, Community Bank, Provident Bank NJ, Merchants Bank of Indiana, Apple Bank for Savings, Oceanfirst Bank, Independent Bank, Lakeland Bank NJ, Ozk, Washington Federal Bank WA, Axos Bank, Sandy Spring Bank, Columbia Bank NJ, Farmers, Merchants Bank of CA, Popular Bank, Pacific Premier Bank, United Bank, Trust, Rockland Trust, Umpqua Bank, ServisFirst Bank, Bell Bank, Stellar Bank, National Bank of, National Bank of Florida FL, New York Community Bank Locations: multifamily, Basel, CRE, California, Rockland, National Bank of Florida
☆ Fed Chair Powell: We've been in contact with banks that have high CRE exposure
  + stars: | 2024-03-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed Chair Powell: We've been in contact with banks that have high CRE exposureFederal Reserve Chair Jerome Powell testifies before the House Financial Services Committee.
Persons: Powell, We've, Jerome Powell Organizations: Financial Services
☆ A real estate CEO predicts hundreds of banks will fail or be taken over by 2026
  + stars: | 2024-03-06 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +3 min
A real estate boss expects at least 500 banks to fail or be taken over in the next two years. Scott Rechler, CEO of RXR, said the maturing of commercial real estate loans would hit smaller lenders. Commercial real estate has been hit by declining asset prices, costlier borrowing, and tighter lending. AdvertisementHundreds of American banks will collapse or be taken over by 2026, a top real estate executive predicted. Silicon Valley Bank, Signature Bank, and Silvergate Bank folded last spring after worries about their health spurred a wave of deposit withdrawals.
Persons: Scott Rechler, —, Fortune, I'm, It's, Jamie Dimon's Organizations: Service, Deposit Insurance Corporation, Silicon Valley Bank, Signature Bank, Silvergate Bank, New, New York Community, Federal Reserve, JPMorgan Locations: New York
☆ Fed Chair Powell: Systemic economic risks to the CRE market are manageable
  + stars: | 2024-03-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed Chair Powell: Systemic economic risks to the CRE market are manageableFederal Reserve Chair Jerome Powell testifies before the House Financial Services Committee.
Persons: Powell, Jerome Powell Organizations: Financial Services
☆ Premarket stocks: Why it’s not all doom and gloom for commercial real estate
  + stars: | 2024-03-04 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +9 min
New York CNN —After decades of growth bolstered by low interest rates and easy credit, commercial real estate has hit a wall. I take that as a signal of a potential turn in the CMBS market in terms of the market sentiment. It’s not just all gloom and doom in the CRE market. Richmond Federal Reserve President Tom Barkin echoed the idea that the central bank may not cut interest rates this year. OPEC+, a coalition of the world’s top oil producing countries, had announced voluntary oil cuts of 2.2 million barrels per day in November.
Persons: Tracy Chen, Chen, that’s, Bell, Banks aren’t, CMBS, We’ve, they’ve, —, Jerome Powell, Torsten Slok, “, Tom Barkin, ” Barkin, “ I’m, Eva Rothenberg, Brent, Goldman Sachs Organizations: CNN Business, Bell, New York CNN, New York Community Bancorp, Brandywine, Intercontinental Exchange and Bank of America, outperformance, Fed, New York Community Bank, York Community Bank, Federal, Apollo Global Management, Richmond Federal, CNBC, OPEC, AAA Locations: New York, Japan, Switzerland, Germany, New, New York City, Richmond, OPEC, Saudi Arabia, Russia, Iraq, United States
☆ Ride the bull market wave with these top stocks in March, Morgan Stanley says
  + stars: | 2024-03-02 | by ( Michael Bloom | ) www.cnbc.com   time to read: +5 min
Analysts at Morgan Stanley have named a slate of stocks to buy as March gets underway. The firm said investors should bet on the market's momentum by scooping up shares of undervalued companies. They include HashiCorp , Rivian Automotive , Dell Technologies, Sun Country Airlines and Huntington Bancshares. The stock is down 26% over the last 12 months, but the firm said investors should buy the dip. HashiCorp Analyst Sanjit Singh upgraded the cloud-computing infrastructure company to overweight from equal weight earlier this week.
Persons: Morgan Stanley, scooping, Ravi Shanker, Shanker, Sanjit Singh, Singh, Adam Jonas, —, Jonas, Rivian, Dell, …, Huntington, HBAN Organizations: CNBC, Rivian Automotive, Dell Technologies, Sun Country Airlines, Huntington, Amazon, Rivian, Airlines Locations: Huntington Bancshares
☆ Here’s why regional banks have so much commercial real estate exposure
  + stars: | 2024-02-29 | by ( Elisabeth Buchwald | ) edition.cnn.com   time to read: +7 min
New York CNN —It’s no secret that commercial real estate (CRE) has become a source of stress for banks. Regional banks were on high alert recently after New York Community Bancorp (NYCB) reported steeper-than-expected future losses on commercial real estate loans. So why is it that the smaller, regional banks are so much more exposed to commercial real estate? Office real estate is among the bank’s smaller commercial real estate subcomponents. Robbins of Valley National Bank told CNN “we remain comfortable with our diverse and granular commercial real estate portfolio.”Office real estate is just one component of commercial real estate, albeit the most worrisome to banks and economists.
Persons: New York CNN —, Goldman Sachs, Fitch, Banks, BankRegData, Flagstar, “, JPMorgan Chase, —, Michael Brochstein, it’s, Ira Robbins, Robbins, CNN “, Carlos Barria, ” Organizations: New, New York CNN, New York Community Bancorp, Flagstar Bank, Federal Deposit Insurance Corporation, National Bank, JPMorgan, Getty, Valley National Bank, CNN, Fitch, FDIC, Reuters Locations: New York, Morristown , New Jersey
☆ Market strategist Adam Parker gives his investment predictions for the next decade, including selling crypto
  + stars: | 2024-02-26 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +6 min
That's one of 10 investing predictions for the next 10 years by the Trivariate Research market strategist. "We have always said 'we prefer a basket of high-quality US growth equities'" when asked about crypto, Parker said in a note over the weekend. "Missing the appreciation of the asset class is not good, but participating in US growth equities has been more than adequate." "Because it is just a proxy for risk taking, investors can mirror the exposure of a basket of crypto through low quality hyper growth stocks," he added. "This sector checks all the boxes … We think there will be continued consolidation, so owning oil-sensitive energy stocks that are mid-cap likely will prove prudent," he said.
Persons: Adam Parker, That's, Bitcoin, Parker Organizations: Trivariate Research, Metrics, Own U.S, Mining, BHP Group, Microsoft, BHP, Vale, Southern Copper, Marathon Petroleum, Treasury, U.S . Treasury Locations: CRE, New York, San Francisco, Chicago, decarbonization, Freeport, McMoRan, Australia, Rio Tinto, Greece, France, Italy, Spain, Portugal
☆ Pricey stocks and homes, shaky banks, office turmoil, and people's debt woes are all worrying the Fed
  + stars: | 2024-02-22 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +3 min
AdvertisementThe Federal Reserve is worried about expensive stocks and homes, sinking office prices, shaky banks, and cash-strapped consumers. The S&P 500 soared to record highs this year as investors bet that the Fed will conquer inflation and start cutting rates within months, pushing stocks higher and staving off a recession. Fed economists said during their latest meeting that the value of multi-family homes, offices, and other commercial real estate could decline further. AdvertisementThe commercial real estate sector certainly faces a raft of headwinds. But its experts are clearly concerned about lofty stocks and home values, further commercial real estate fallout, vulnerable banks, and struggling consumers as potential threats to a soft landing.
Persons: They've Organizations: New, New York Community, Silicon Valley Bank Locations: New York, Silicon
☆ US office buildings are facing a 30% price drop as remote work continues to upend the sector, Morgan Stanley says
  + stars: | 2024-02-12 | by ( Jennifer Sor | ) www.businessinsider.com   time to read: +3 min
US commercial real estate is headed for a $2 trillion wall of maturing debt in the next few years. America's office market is in flux and prices have further to fall amid "secular" challenges facing the sector, Morgan Stanley analysts said in a note. Commercial real estate pain has been a source of anxiety for the US banking sector, and regional banks in particular. Thus, the challenges facing CRE in general and office loans in particular are intricately linked to the regional banking sector." Real estate pros have been sounding the alarm on commercial real estate since early 2023 when the sector was in the spotlight following a spate of regional bank failures.
Persons: Morgan Stanley, That's Organizations: Real Capital, National Association of Realtors, Mortgage, Association, New York Community Bank
☆ The US, China, and Europe's economies are drifting apart. The global 'decoupling' is moving markets.
  + stars: | 2024-02-11 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +3 min
Read previewThe biggest players in the global economy are on different trajectories, and markets around the world are reflecting the shifting landscape. "Signs of decoupling are present in global growth, trade, and equity markets," Bank of America strategists wrote in a Friday note. AdvertisementTo that point, the outlook for the Euro area looks softer. BofA expects Euro area growth at 0.4% in 2024 and 1.1% in 2025. Growth forecasts for US, Euro Area, and China.
Persons: —, Janet Yellen, BofA, SPX Organizations: Service, Bank, Business, Bank of America, Wall, Federal Reserve, ECB, Bank of America Global Locations: China, There's, Germany, Spain, Europe
☆ Gauging the risk of contagion from NYCB and commercial real estate woes
  + stars: | 2024-02-09 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com   time to read: +7 min
The latest concern threatening regional banks started on Jan. 31, when New York Community Bancorp. reported unexpected fourth quarter loss and a large loan loss reserve against futures losses, due in part to the bank's commercial real estate (CRE) exposure. One worry is that the NYCB credit downgrade could spur ratings agencies to take a closer look at other banks, or cause clients to again pull deposits out of regional banks. Determining exactly how unique NYCB's exposure to commercial real estate is will be a key focus for investors and analysts in coming weeks. A note on Wednesday from Wolfe Research analysts focused on banks and commercial real estate showed that regional banks have in general reduced their commercial real estate exposure over the past 15 years.
Persons: NYCB, Ian Lyngen, hasn't, Lyngen, D.A, Davidson, Peter Winter, Winter, Macrae Sykes, Banks, They're, Sykes, Wells Fargo, Jerome Powell, Bond, Tom Fitzpatrick, RJ O'Brien, Fitzpatrick, — CNBC's Michael Bloom Organizations: Investors, New York Community Bancorp, Moody's, Street, Silicon Valley Bank, BMO, Treasury, Wolfe Research, UBS, Gabelli, CNBC Locations: Silicon, Wells
☆ How empty office space became the new bogeyman on Wall Street
  + stars: | 2024-02-09 | by ( Matt Egan | ) edition.cnn.com   time to read: +6 min
And yet Wall Street is suddenly freaking out about bad real estate loans and empty office buildings. One regional lender — New York Community Bancorp — has seen its stock price implode and its credit rating slashed to junk in part because of its exposure to bad office loans. Japan’s Aozora Bank startled investors by blaming bad loans linked to US offices for a projected loss. That’s a major problem for an industry like real estate known for piling on debt. Importantly, Zandi said these bank failures will be limited to smaller lenders — the ones sitting on suddenly shaky office loans.
Persons: —, ” they’re, It’s, ”, Ed Mills, Raymond James, gameplan, Paul Volcker, That’s, Spencer Platt, ” Alessandro DiNello, NYCB, Powell, Janet Yellen, Jerome Powell, “, ” Mills, Mark Zandi, ” Zandi, Zandi, ” Banks Organizations: New, New York CNN, —, York Community Bancorp, Japan’s, Bank, Federal Reserve, Fed, Regulators, New York Community Bancorp, York Community Bank, Getty, Moody’s, CNN Locations: New York, sweatpants, Washington, Brooklyn, New York City
☆ The commercial real estate crisis will prompt the Fed's first rate cut in May, top economist says
  + stars: | 2024-02-09 | by ( Yuheng Zhan | ) www.businessinsider.com   time to read: +3 min
Yet, nearing mission-accomplished on inflation won't be the reason the central bank cuts rates, according to one top economist. Instead, Komal Sri-Kumar, president of Sri-Kumar Global Strategies, says that the ongoing commercial real estate crisis will force the Fed to cut rates as early as May. Lessons from the 2008 crisis show that the Fed should cut sooner rather than later to avoid the worst of the pain, Sri-Kumar said. The fears stem in part from exposure to commercial real estate. "The commercial real estate problem is also now in Europe.
Persons: —, Komal, Kumar, Lehman, Janet Yellen, it's, China's, Jerome Powell, Tom Lee Organizations: Service, Sri, Kumar, Business, Lehman Brothers, York Community Bank, Evergrande Locations: China, Europe, Japan
☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Target, Amazon, Quest, Deckers, Alphabet & more
  + stars: | 2024-02-07 | by ( Michael Bloom | ) www.cnbc.com   time to read: +7 min
Jefferies initiates Sprout Social as buy Jefferies said the social media software provider is a market leader. Morgan Stanley names Huntington Bancshares a top pick Morgan Stanley said it likes the regional bank's low exposure to commercial real estate. Morgan Stanley reiterates Nvidia as overweight Morgan Stanley raised its price target on Nvidia to $750 per share from $603. Morgan Stanley downgrades Aptiv to underweight from equal weight Morgan Stanley said it sees slowing growth for the automotic tech company. Jefferies initiates ZoomInfo as buy Jefferies initiates the software data company with a buy and says it sees new customer growth.
Persons: Redburn, Key, it's, Gordon, Gordon Haskett, Jefferies, Steven Madden, Morgan Stanley, Huntington, Morgan Stanley downgrades Aptiv, Piper Sandler, Piper, Davidson, Goldman Sachs, Goldman, DA Davidson, it's bullish, Oppenheimer Organizations: Services, Bank of America, Google, Leerink, SPT, Citi, JPMorgan downgrades New York Community Bancorp, JPMorgan, Jefferies, Nvidia, Crown Holdings, Holdings, Civitas Resources, Corp, Vans, VF Corp, Bank of America downgrades, York Community Bancorp, New, Apple, Apple's Locations: F24E, New York
☆ NYCB's slide sparks fears of more banking and commercial real estate turmoil
  + stars: | 2024-02-07 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +5 min
The regional bank reported disappointing earnings, stoking fears of commercial real estate trouble. AdvertisementA smaller lender is facing a firesale of its stock fueled by concerns about its stability, echoing the regional-banking problems last year that stoked fears of a full-blown financial crisis and commercial real estate meltdown. AdvertisementThe increases hit the value of their fixed-income and commercial real estate portfolios. In particular, commercial real estate is under pressure from ongoing remote working, tighter credit availability as lenders have pulled back, and higher debt costs, all of which have weighed on asset values. Treasury Secretary Janet Yellen told lawmakers this week she expects the commercial real estate pressures to "put a loss of stress" on property owners, although she expected it to be manageable, Bloomberg reported.
Persons: stoking, —, stoked, NYCB, Banks, Moody's, Wall, Thomas Cangemi, pare, Janet Yellen Organizations: Community Bancorp, Service, New York Community Bancorp, Flagstar Bank, Signature Bank, Valley Bank, Silvergate, Bloomberg, Federal
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