Large U.S. banks have been making headway in dealing with their troubled commercial real-estate debt, selling off and reworking bad loans at a faster rate than smaller banks.
While the high debt levels tied to commercial real estate caused significant worry among analysts and federal regulators in the early days of the economic downturn, banks have gradually been finding their footing more than three years after the collapse of Lehman Brothers.
The success by the larger banks at cleaning up their balance sheets signals a move toward stability in the broader property market.
