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Banks push past era of office loan weakness as commercial property lending improves

Wells Fargo, Bank of America loan growth comes amid broader economic concern
Wells Fargo, one of the biggest commercial real estate lenders, also has a relatively large retail footprint, including this branch in Sacramento, California. (CoStar)
Wells Fargo, one of the biggest commercial real estate lenders, also has a relatively large retail footprint, including this branch in Sacramento, California. (CoStar)

Two of the largest U.S. banks, Wells Fargo and Bank of America, offered new evidence that business remains solid for their commercial-mortgage customers as the industry moves beyond the post-pandemic era of struggling office loans.

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