Loans tied to commercial real estate and on the verge of trouble reached heights unseen in the past decade. Compared with the previous third quarter, nonaccrual loans in this sector jumped 363%, according to FDIC data. In fact, one expert says, some "owners just give their keys to the bank and walk away."KC-area banks see troubled CRE loans hit rare highs in third quarter, foretelling future challenges
Loans tied to commercial real estate and on the verge of trouble reached heights unseen in the past decade. Compared with the previous third quarter, nonaccrual loans in this sector jumped 363%, according to FDIC data. In fact, one expert says, some "owners just give their keys to the bank and walk away."