CRE Flood Begins in 2010

Q309-CRE

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 … [Read more...]

New England Banks Distressed Real Estate Report

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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, … [Read more...]

Florida Banks: Distressed Commercial Real Estate Report

FL banks saw a 112% increase in non-performing ccommercial real estate loans over 4 quarters

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 … [Read more...]