Japanese Bank Faces Losses, Richardson Office Asset Sold, US Real Estate Exposure Concerns

Aozora Bank flags losses tied to U.S. commercial property, causing shares to tank. Franklin Street sells DFW office asset, marking a significant change in ownership. Major bank shares slide on US real estate exposure jitters, raising concerns about the banking industry. Veteran Waco agents and mayor join new real estate firm, highlighting the growth and potential of the Waco market.

Sources:
https://www.cnbc.com/2024/02/01/japans-aozora-bank-tanks-after-flagging-losses-tied-to-us-commercial-property.html
https://www.commercialsearch.com/news/franklin-street-sells-dfw-office-asset/
https://www.afr.com/companies/financial-services/shares-drop-record-38pc-for-saviour-of-failed-signature-bank-20240201-p5f1nh
https://wacotrib.com/news/local/business/veteran-waco-agents-waco-mayor-to-join-new-real-estate-firm/article_bf60115c-c058-11ee-adb7-c7140d6f1faa.html

Outline:
(00:00:00) Introduction
(00:00:39) Japanese bank tanks over 20% after flagging losses tied to U.S. commercial property
(00:03:13) Franklin Street Sells DFW Office Asset
(00:05:39) Major bank shares slide on US real estate exposure jitters
(00:08:31) Veteran Waco agents, Waco mayor to join new real estate firm