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Business Insider: Banks are abandoning their real estate faster than ever, to the delight of developers

Business Insider, October 7, 2022, Banks are abandoning their real estate faster than ever, to the delight of developers

Since the pandemic began, financial institutions have been shedding branches at double the pace of the 2010s, as remote work and digital banking reduce demand for retail services, according to data from CBRE and the National Community Reinvestment Coalition.

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