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- Regional bank stocks are feeling the bite of the unfurling commercial property crisis in a rout that's giving SVB-collapse flashbacks.
- Commercial real estate loans are going sour with huge defaults on the horizon, pummeling banks from New York to Tokyo.
- Regional banks are a lot more exposed and vulnerable to commercial real estate loans.
Plummeting regional bank stocks are giving investors déjà vu, but the underlying problem this time around is the commercial property crisis.