Risks in Commercial
and Commercial Real Estate Lending

The current economic recovery began in 2009 and is quickly becoming the longest recovery in history. Interest rates, until recently, and unemployment have been at historic lows. Capital and liquidity in the banking industry are near historic highs. Asset quality remains strong and overall underwriting is acceptable.

This provides the backdrop for a common question: "What stage are we in of this current economic cycle? Although the answer is uncertain, it is important to consider the emerging risks surrounding commercial and CRE lending.