Commercial real estate loan rate
The Dallas and San Diego offices of Holliday Fenoglio Fowler L.P. has announced that they secured a $20 million bridge loan for the recapitalization of 1,000 acres in the Dallas Logistics Hub. The hub is a 6,000-acre, master-planned development.
Philippines May Cut Cash Reserve Ratio to Spur Growth (Update1) (Bloomberg)
Oct. 18 (Bloomberg) — The Philippine central bank may cut the amount it requires lenders to set aside as reserves to boost liquidity in the financial system, effectively lowering borrowing costs, to help spur growth.
Crisis-hit Ukraine seeks IMF emergency loan (TODAYonline)
Ukrainian President Viktor Yushchenko (R) shakes hands with International Monetary Fund (IMF) envoy Ceyla Pazarbasioglu (L) before their meeting in Kiev. Ukraine held crunch talks Friday on an emergency loan from the IMF to prop up its fragile banking system, but moves to address the economic crisis were overshadowed by deepening political strains.
Crisis-hit Ukraine seeks IMF emergency loan (AFP via Yahoo! News)
Ukraine held crunch talks Friday on an emergency loan from the IMF to prop up its fragile banking system, but moves to address the economic crisis were overshadowed by deepening political strains.
Credit crunch imperils Cleveland’s commercial development projects (The Cleveland Plain Dealer)
The tightening vise on credit worries commercial property owners and threatens to bring development to a near-halt across the country. Some projects considered critical to rebuilding Cleveland could be in peril.
Loan Regulation Probably Wouldn’t Have Prevented This Crisis (Washington Post)
With a presidential campaign in the middle of a financial crisis, it is not surprising that we are besieged with misinformation. Much of it is finger-pointing about responsibility for the absence of effective regulation that would have prevented or moderated the crisis.
Short-Term Commercial Paper Rates Fall to Lowest in Three Weeks (Bloomberg)
Oct. 17 (Bloomberg) — Rates for one-month commercial paper fell to a three-week low after central banks joined forces to pump cash into money markets and government backed loans.
InSeT Systems Receives Funding from Innovation Ohio Loan Fund (PR Newswire via Yahoo! Finance)
InSeT Systems, LLC, an Akron, OH company that has developed an inertial sensor tracking system for use in the underground mining industry, was awarded a $792,750 loan from the Innovation Ohio Loan Fund.
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