-$71.8996 billion withdrawn from commercial banks in the last week (April 5th-April 12th). Since 2/22/2023, $511.37 billion in deposits have been pulled. $978.7387 billion in deposits has been pulled in the last year. It looks like the Bank run is picking back up?

by BoatSurfer600

As Commercial Real Estate Market Struggles, Blackstone Falls Victim to Meltdown | 36% drop in first-quarter distributable earnings compared

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The commercial real estate (CRE) industry, valued at $20 trillion, has been facing a significant decline after decades of thriving growth supported by low interest rates and easy credit. Since the pandemic, office and retail property valuations have been on the decline due to lower occupancy rates and changes in how people work and shop. The Federal Reserve’s actions to combat inflation by raising interest rates have also had a negative impact on the credit-dependent industry.

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