Podcast

Banks brace for a new normal in commercial real estate

Bankshot episode 23
An empty parking lot is seen outside a closed JC Penney Co. store in Mt. Juliet, Tennessee, U.S., on Thursday, April 16, 2020. J.C. Penney is skipping an interest payment, putting the struggling retailer on the path toward a potential default on its debt. Photographer: Luke Sharrett/Bloomberg