Posts tagged as:
Q1 2010 CRE OREO and Non-Performing Loans
Commercial real estate problems at US banks soared by 10.6% in the first quarter of 2010 over Q4 2009.
Commercial real estate loans being reported as 30-89 days late increased 16.3% indicating that the trouble in the commercial real estate sector is increasing rather than abating. Reports for 90 Day [...]
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Commercial property receivership is getting to be a hotter topic by the day. With mountains of distressed commercial real estate loans piling up with banks across the country and an increasing number of vacant commercial properties, property preservation and receivership assignments are on the grow.
I recently caught up with Greg Trotter (see [download id="3"] resume), [...]
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American Banker, an on and off-line trade magazine for the banking industry ran an article today reporting much of the same thing that I have been saying here on this blog That Sinking Feeling: CRE Flood Set to Start in ‘10. Banks will face significant problems with commercial real estate starting in 2010. This is [...]
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We’ve had an opportunity to go through most of the bank data released over Thanksgiving week. The 309 (bank mergers and acquisitions are reducing the numbers of reporting institutions) New England Based banks are reporting an increase in multifamily, commercial, and construction loan problems and REO balances.
At distressedpro.com we calculate an institution’s real estate distress [...]
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Its no secret that Florida is one of four states that has borne the brunt of the residential real estate bust. Now as we teeter on the edge of a major commercial slide what role will Florida fill?
While we don’t have the data on the entire Floridian commercial real estate universe we do know what [...]
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This is the first in a professional podcast series. The goal of this series is to bring real life, real time, information to our members and subscribers about how professionals on the front-lines of the distressed property and loan market are making it all happen. In this episode I talk with Bob Thomas.
Bob is the [...]
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It has been widely reported this morning that last night (Sunday 10/25/09) one America’s largest commercial real estate lenders filed for Chapter 11 bankruptcy protection. Chapter 11 is a reorganization filing designed to allow business to continue to operate while they shed debt and evaluate their business. What of other commercial lenders?
The BankProspector is showing [...]
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