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Commercial Real Estate Loans Return to Pre-Pandemic Heights

Nov. 14, 2022, 3:19 PM

Commercial real estate loans and commercial and industrial loans posted the biggest increases among categories of bank assets in the week ended Nov. 2, according to the Federal Reserve.

Commercial real estate loans reached the highest as a percentage of total assets since March 2020, rising to $2.77 trillion from $2.76 trillion the week before, the central bank said in a weekly report.

Total US bank assets decreased to $22.63 trillion from $22.72 trillion the week before. The share of safe assets also slipped, falling to 45.2% after comprising 45.6% of total assets the prior week.

Commercial loans secured ...