Thinning Loan Loss Coffers May Restrict CRE Lending
March 10th, 2010In addition to keeping an eye on declining property values, falling rents and rising vacancy rate numbers, the commercial real estate community is also concerned over ominous signs in banking industry numbers.
One big area of concern is the fact that…
Thinning Loan Loss Coffers Tightening CRE Lending
March 10th, 2010Not only are declining property values, falling rents and rising vacancy rate numbers worrying the commercial real estate community, they are also watching ominous signs in banking industry numbers.
Not surprisingly, banks are stowing away more money…
Banks’ Loan Loss Coverage Running Thin
March 10th, 2010Not only are declining property values, falling rents and rising vacancy rate numbers worrying the commercial real estate community, they are also watching ominous signs in banking industry numbers.
Not surprisingly, banks are stowing away more money…
Banks Loan Loss Coverage Running Thin
March 10th, 2010Not only are declining property values, falling rents and rising vacancy rate numbers worrying the commercial real estate community, they are also watching ominous signs in banking industry numbers.
Not surprisingly, banks are stowing away more money…
Helmsley Estate Sells Manhattan Hotel
March 10th, 2010The Helmsley Carlton House is being sold to a partnership between private-equity firm Angelo, Gordon & Co. and Extell Development for about $170 million.
General Growth Debt Bet Pays Off
March 10th, 2010A handful of investors dug to the bottom of the discount bin and snapped up General Growth’s convertible bonds at three cents on the dollar. They now trade at 103 cents.
European REIT Rollout at Hand
March 10th, 2010With European property markets beginning to recover from the market downturn and global recession, there are signs that the REIT revolution could be at hand.
Recent Improvement in CRE Liquidity Welcomed, But Loan Maturities Loom Large
March 10th, 2010Commercial real estate lending has tentatively started to flow, but as any building owner will attest, credit isn’t easy to obtain and the onslaught of maturing commercial mortgages is eroding the confidence of investors.
U.S. banks and thrifts held…
BofA Ends Some Overdraft Fees
March 10th, 2010Bank of America plans to announce that it is eliminating $35 overdraft fees on debit-card purchases as the bank tries to stay ahead of a sweeping round of regulations.
Lease Up/Lease Down (Mar. 7-13): UBS Renews, Postal Service Unveils 10-Year Plan
March 10th, 2010CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial…
