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Banks Getting Rid of Bad CRE Loans: Dutch Megabank ING Dumps One of the Largest Office Properties in San Francisco
wolfstreet.com/2025/06/05/banks-getting-rid-of-bad-cre-loans-dutch-megabank-ing-dumps-one-of-the-largest-office-properties-in-san-francisco
The two-tower property sold at a 75% discount. ING’s loss was much smaller. Investors took a bigger loss.
By Wolf Richter for WOLF STREET.
Banks have been trying to get rid of bad commercial real estate loans to make room on their balance sheets for new loans that they can show income…
This story appeared on wolfstreet.com, 2025-06-05 18:32:24.