04.07.2010
Commercial Podcast – April Edition
Hear news about recent NAR Congressional testimony urging incentives for commercial RE investing such as accelerated depreciation and development of a mortgage insurance program to insure the difference between a property's™ current value and its…
Read More04.07.2010
By Year End — Half Commercial Mortgages Underwater
That's what Elizabeth Warren, chair of the TARP Congressional Oversight Panel said last Monday. 'œThese loans are concentrated in the mid-sized banks,' Warren told CNBC. 'œWe now have 2,988 banks'”mostly midsized, that have dangerous concentrations…
Read More04.07.2010
Rep Luetkemeyer (R-MO.), Calls Bank Regulators to Task
Across the USA, banks say there's a big reason they aren't lending more: Regulators won't let them. Even as the White House exhorts banks to open the lending spigots, particularly for small-business borrowers who are…
Read More03.25.2010
Simon Property Likely to Raise Offer for General Growth
Simon Property Group, the largest public U.S. real estate company, is considering raising its $10-billion buyout offer for rival shopping mall owner General Growth Properties Inc. Simon sent a letter to General Growth this week…
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