Thats a tough one but IMO it wont be nearly as bad because atleast in my area the Prices never got out of control. In Commercial Real Estate 20% down is the norm so right off the bat the Bank is in good shape. And there will always be someone looking to scoop up your property if you fault.
If this $hit hits the fan with commercial then you might be right. I do think that it is the smaller banks that will actually hurt more because in many cases business use the local banks for funding. The big banks will be caught with their pants down to I am sure. keep in mind that we are still going to see MANY more defaults in residential. people are used to hearing about them so it doesn't yield as much negative power anymore.
I don't know about C and will stick it out for a while. I do know that CNB and CORS to name two had substantial exposure to commercial development much of it in Florida. CNB has just gone bally up and CORS is still around though I don't know how. Guaranty Bank here in Texas was just closed down on Friday. C should be one of the big international banks and I am looking for it to take care of my investment but this is based entirely on what I read and nothing more.
Commercial mortgages should be a matter of concern, IPO... at least in the part of the country where I live (South Central Texas). The experts here say that commercial real estate is becoming the newest national crisis to hit the financial system.
Around here developers built office projects when job growth was positive, thinking their buildings would have tenants knocking at their doors when they opened but it didn't happen.
Five major office projects have already been posted for foreclosure in the Austin area in the last few months with one more declaring bankruptcy. There prolly will be more to come...
News 
Market Data 
Discover 
