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Washington, DC, Office Loans Are Holding Up, Bank CEO Says

EagleBank’s Office Loans Remain Solid Despite Pandemic's Effect on the Sector
EagleBank, which operates this branch in the Ballston neighborhood of Arlington, Virginia, is one of the biggest bank lenders for commercial real estate in the Washington, D.C., market. (CoStar)
EagleBank, which operates this branch in the Ballston neighborhood of Arlington, Virginia, is one of the biggest bank lenders for commercial real estate in the Washington, D.C., market. (CoStar)
CoStar News
January 20, 2023 | 10:24 P.M.

A major lender for office properties in Washington, D.C., said none of its borrowers in that group are late on payments despite office usage still being down less than half of pre-pandemic levels amid extended work-from-home policies.

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