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...]

US Distressed Construction Report

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The pace of the construction implosion appears to be easing. Construction notes have been plagued by high rates of default and soaring REO balances since the economy has been in turmoil. This quarter, however, it appears that we may be "getting over … [Read more...]