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Real estate CEO predicts 500 banks will fail or be taken over by 2026

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Real estate CEO predicts 500 banks will fail or be taken over by 2026

Scott Rechler, CEO of RXR, said the maturing of commercial real estate loans would result in a "slow-moving train wreck" for many smaller banks.

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Real estate CEO predicts 500 banks will fail or be taken over by 2026

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Real estate CEO predicts 500 banks will fail or be taken over by 2026

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