Bank of America (BofA) continues to be a key player in North America’s commercial real estate (CRE) landscape, closing out 2023 with $86.57 billion in CRE loans, a notable 11.4% year-over-year increase. Representing 8.2% of its total loan portfolio, these loans support a variety of real estate ventures that foster urban development, economic growth and housing accessibility.
The bank has continued its strategic investments in commercial real estate over the review period, throughout the year Bank of America has provided sophisticated financing solutions for diverse asset classes, including office, industrial, retail, and multi-family properties.
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