Xinhua News Agency, May 9, according to a report by the Financial Times on May 8, a number of financial people warned that the US commercial real estate industry is under pressure and may enter a recession. After the COVID-19 epidemic, the weakening market demand for office space led to a decline in rents, commercial real estate is facing more and more pressure. The chief executive of a large US bank says many commercial real estate loans will mature in the next few years, much of which is funded by regional banks. Scott Clayman, co-president of Apollo Global Management, said there had been no commercial real estate crisis in the US since the 1990s, and under US austerity policies, commercial real estate "will be the next shoe to fall". Anne Walsh, chief investment officer of Guggenheim Partners, said the pain will be concentrated in some parts of the United States, including large urban centers such as San Francisco and New York, "because lenders can be very picky. The United States could enter a real estate recession."