Banks are facing a $2 trillion “wall” of property debt, according to an American brokerage. As such, lenders must reduce their exposure to commercial real estate as that debt comes due over the next three years, Newmark CEO Barry Gosin told the Financial Times (FT) Monday (April 1). “Banks will be under pressure,” said Gosin, whose firm handled $50 billion in […] The post Banks up Against $2 Trillion ‘Wall’ of Real Estate Debt appeared first on PYMNTS.com.