- US banks are getting increasingly stressed about falling commercial-property valuations, per the FT.
- Arkansas lender Bank OZK reported that it had raised loan loss provisions by 10% in the first quarter of 2023.
- Commercial real estate is grappling with headwinds including high interest rates and tighter credit conditions.
US banks are getting increasingly stressed about tumbling commercial real-estate valuations and what that means for their balance sheets, top executives have said, per the Financial Times.