Defaulted real estate loans on the upswing

Sam Billard, Norman Kahn, Mistrale Lepage-Chouinard and Sanjeev Mitra of Aird & Berlis discuss the upswing in defaulted real estate loans, sharing that most of the calls they are receiving are from subordinated lenders, but that institutional, secured-level lenders are also starting to prepare for defaults in their portfolios.

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