Regulators Close Seven Banks
Regulators closed another seven banks in the past week, bringing the total number of failures for 2010 to 136 banks — just four banks shy of the 140 closed in 2009. Last week’s closures could result in...
View ArticleWondering how many of my fellow agents would know what to do with the...
Watch List: Multifamily Borrower Bankruptcies Property Name Address Curr. Bal. Woodchase Condominiums 4060 N. Beltline Road, Irving, TX $1,979,941 325 South Story Road 325 Story Road, Irving, TX...
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There is a special loan program in the State Washington for Women Business Enterprises (51% ownership) and qualifying loans include: Lines of credit, Financing of accounts receivable, Working Capital,...
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Properties in Distress: Sheraton Gunter 205 E. Houston St., San Antonio, TX Hotel, 322 Sermoran North Apartments 1743 Semoran North Circle, Winter Park, FL Multifamily, 348 TIAA Rexcorp Plaza...
View ArticleDelinquent Office Loans Coming Due in December
Promenade of Coral Springs 1933 – 1999 University Drive, Coral Springs, FL 30-59 Days Delinquent 1516 East Bethany Home Road 1500 E. Bethany Home Road, Phoenix, AZ 90+ Days Delinquent...
View ArticleCRE Buyers Raise More Than $8.3 Billion in October
Companies and funds reported raising $8.34 billion in October for real estate-related investments and financing. The amount raised brings the total inflow for the first nine months of the year to...
View ArticleTwo California Banks Fold and Sold
First California Bank in Westlake Village, CA, assumed all of the deposits and substantially all of the assets of failed Western Commercial Bank from the FDIC. First California Bank will assume $83.9...
View ArticleThe CRE Recovery Continues Second Quarter Fundamentals Strengthen Moderately
By Mark Heschmeyer Co-Star Group July 6, 2011 Commercial real estate (CRE) fundamentals continued to strengthen in the second quarter of 2011, albeit at a much more moderate pace than the end of last...
View ArticleCRE Deal Activity Surpasses Expectations
It was recently posted on “REIT.COM” the following: Despite the ongoing economic malaise, commercial real estate deal activity has actually surpassed expectations, according to Vick Seth, managing...
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