Most Potential Harm Seen Coming From Housing, Consumer Loan Defaults, Not Office, Industrial and Retail Property Loans
By Mark Heschmeyer
May 13, 2009
If the current economic malaise brings down any of the largest banks in the country, commercial real estate likely WON’T be the culprit. Office, industrial and retail properties specifically are even less likely to bring [...]
Posted in Categories, National Commercial Real Estate
April 7, 2009
By: Dees Stribling, Contributing Editor
For some time now, commercial real estate defaults have been one of the other shoes waiting to drop on the economy, and that day may be closer at hand. Real Capital Analytics has reported that delinquent commercial real estate loans grew by 43 percent by the end of the [...]
Posted in Categories
April 17, 2009
By: Dees Stribling, Contributing Editor
One rippling effect of mall behemoth General Growth Properties’ bankruptcy may be that it will help re-establish something that’s been missing from much of the commercial property investment market for a while now: pricing.
Sellers have been sitting on the sidelines, and so have buyers, waiting. GGP can no longer [...]
Posted in Categories
By MICHAEL R. CRITTENDEN
MARCH 5, 2009
The Office of the Comptroller of the Currency was slow to mandate changes at a pair of banks that were taken over by the government in July, the Treasury Department’s Office of Inspector General said in a report.
The OCC was faulted for its supervision of First National Bank of [...]
Posted in Categories