Fifth Third Bank Is Latest To Back Off Office Lending

June 15, 2023 | Jarred Schenke | Bisnow Atlanta

A major Midwest bank with more than $200B in assets is saying no thank you to further office loans.

Fifth Third Bancorp will not pursue further office commercial real estate loans to add to its $1.6B portfolio, CEO Tim Spence said in a June 14 presentation during a Morgan Stanley conference…

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