Some of the 49 Small Banks Heavily Exposed to Bad Multifamily CRE Loans May Topple, but their Size Limits Contagion: Fitch

The multifamily segment of Commercial Real Estate doesn’t face the structural issues that the retail CRE segment and the office CRE segment face. There is demand for apartments; and even as some areas have been overbuilt particularly with higher-end apartments for “renters of choice”...