What asset types are included in commercial real estate?

The data accounts for mortgages secured by office buildings, retail spaces, warehouses, hotels, and rental apartment complexes.

What are the main risks when tracking this indicator?

Refinancing pressure and fluctuations in commercial occupancy rates can cause sharp swings in repayment capacity.

Is the data revised after publication?

The latest period report is typically estimated and will be adjusted once banks finalize their financial reconciliations.

US Commercial Real Estate Loans by Commercial Banks

Name: US Commercial Real Estate Loans by Commercial Banks
Creator: FRED (Federal Reserve Bank of St. Louis)
License: https://creativecommons.org/licenses/by/4.0/

US Commercial Real Estate Loans by Commercial Banks stood at 2,866,339 USD million in Q2 2026, according to FRED (Federal Reserve Bank of St. Louis). It is one of the indicators in the Bank loans and delinquencies table (Value · Quarterly), with a complete series running from Q1 1985 to Q2 2026. The complete series with an interactive chart, free to download.

Source: FRED (Federal Reserve Bank of St. Louis)Last updated: Sep 21, 2026, 07:18 UTCCurated by Bui Thanh Phuc

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This indicator in the Bank loans and delinquencies table

Indicator	Q2-2026	Q1-2026	Q4-2025	Q3-2025	Q2-2025	Q1-2025	Q4-2024	Q3-2024	Q2-2024	Q1-2024
Real estate loans	5,723,139	5,682,432	5,668,031	5,622,763	5,594,614	5,554,333	5,547,444	5,545,347	5,525,650	5,506,857
Commercial real estate	2,866,339	2,847,388	2,825,218	2,797,154	2,784,456	2,772,930	2,764,337	2,771,827	2,766,260	2,766,808
Loans - Farmland real estate	122,270	120,325	119,803	118,155	116,989	116,277	116,523	115,869	115,454	114,620

Understanding US Commercial Real Estate Loans by Commercial Banks

United States commercial real estate credit reflects the outstanding balance of credit extended to businesses and investors secured by commercial real estate, published by the Federal Reserve. The calculation scope includes office buildings, retail centers, hotels, industrial factories, and large-scale rental apartment projects. This figure completely separates the credit risk of the real estate business segment from the personal mortgage segment on bank balance sheets.

Information is collected and aggregated quarterly. This indicator is sensitive to economic cycles and corporate debt rollover events. Preliminary estimated figures may be revised in subsequent releases. Observers should cross-reference the data year-on-year to identify commercial financial risk trends, avoiding distortion from large payments concentrated in a specific period.

Frequently asked questions

What asset types are included in commercial real estate?: The data accounts for mortgages secured by office buildings, retail spaces, warehouses, hotels, and rental apartment complexes.
What are the main risks when tracking this indicator?: Refinancing pressure and fluctuations in commercial occupancy rates can cause sharp swings in repayment capacity.
Is the data revised after publication?: The latest period report is typically estimated and will be adjusted once banks finalize their financial reconciliations.