And one of his jobs was a commercial loan officer.

他曾经做过商业贷款专员。

Smaller and midsize banks tend to hold more commercial real estate loans on their balance sheet.

中小型银行往往在资产负债表上持有更多商业房地产贷款。

Erica and her colleagues modeled some scenarios that showed dire outcomes for banks because of bad commercial real estate loans.

艾丽卡和她的同事模拟了一些情景，这些情景显示出不良商业房地产贷款给银行带来的可怕后果。

Unlike home loans, these commercial loans have to be renegotiated every few years, meaning they'll feel the pinch of these higher interest rates faster.

与住房贷款不同，这些商业贷款必须每隔几年重新谈判一次，这意味着他们会更快地感受到更高利率的压力。

Is the idea that these smaller banks have so many commercial real estate loans on their portfolio that if the market goes kaput, that then the banks go kaput?

这些小型银行的投资组合中有如此多的商业房地产贷款，如果市场崩溃，那么银行就会崩溃吗？