129. SVB & Signature Banking Collapse: What It Means for Commercial Real Estate
SVB & Signature Banking Collapse: What It Means for Commercial Real Estate
Over the last few days, both Silicon Valley Bank and Signature Bank have collapsed, causing the Feds to step in to ensure depositors in both banks don't experience losses. SVB focused more on tech startups, but Signature Bank had some serious commercial real estate holdings. Over $30 billion, according to their annual report for 2022. Will this cause a ripple effect across the commercial real estate world?
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SVB & Signature Banking Collapse: What It Means for Commercial Real Estate
About Your Host:
Tyler Cauble, Founder & President of The Cauble Group, is a commercial real estate broker and investor based in East Nashville. He’s the best selling author of Open for Business: The Insider’s Guide to Leasing Commercial Real Estate and has focused his career on serving commercial real estate investors as a board member for the Real Estate Investors of Nashville.