Answering your questions,
- You can resize the address space of Azure virtual networks that are peered without incurring any downtime on the currently peered address space. This feature is useful when you need to resize the virtual network's address space after you scale your workloads. After the address space is resized, peers must sync with the new address space changes. Resizing works for both IPv4 and IPv6 address spaces. Please refer the document for more information.
- Resources in one virtual network can't communicate with the front-end IP address of a basic load balancer (internal or public) in a globally peered virtual network. Please refer the document for more information.
Kindly let us know if the above helps or you need further assistance on this issue.