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Special Episode: AK CRE Today Weeks 10 & 11: Banks Collapsing, Roofs Collapsing, is it 2008 again?
This week on Alaska Commercial Real Estate Today, Alaskan Economist & Designated Commercial Real Estate Appraiser Lydia Larson MAI, AI-GRS examines the recent bank collapses, bank runs, and irresponsible asset handling practices that the FED & FDIC are rewarding against common practice and anticipated FED behaviors. Phil & Lydia discuss the health of the larger Alaskan banks and if we can expect bank collapses with Northrim Bank, First National Bank of Alaska, Mt. McKinley Bank, & Denali State Bank. Also, Anchorage seems to have a roof collapsing problem with aged buildings and a particular roof construction method common from the 1980s. Is it shoddy construction, poor engineering...or are these buildings just past their expected life? All this, and more on a special 2-week episode of Alaska Commercial Real Estate Today!
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