Deutsche Bank struggles in commercial lending

 
Deutsche Bank is in a $10 billion commercial real estate hole, but
recovering in New York. Of the seven buildings Deutsche Bank acquired
from Harry Macklowe, three are sold
and two are under contract. In Las Vegas, however, Deutsche Bank is
about to foreclose on the $3.5 billion Cosmopolitan Resort &
Casino. Some say the biggest hit is to Deutsche Bank’s reputation,
showing problems in its ability to assess borrowers and risk.