Trilogy commercial lending
Like consumers avoiding retail stores clearance sales, commercial property buyers in the Nutmeg State are keeping their hands in their pockets.
High debt, lack of credit weaken commercial real estate outlook (The Business Press)
While commercial real estate has not been overbuilt as much as residential housing, there are big problems in this arena ahead as well, according to a recent panel at the eighth annual Trigild Lender Conference in San Diego.
Crescent State Bank Announces New Commercial Banking Manager (PR.com)
Michael G. Carlton, president of Crescent State Bank, a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that Rick Merrill has joined the bank as a commercial banking manager. In this position, Merrill will focus his activities on generating loans to commercial and real estate customers, as well as directing the bank s lending team for the …
Rates fall, but lending may not be rising (CNNMoney.com via Yahoo! Finance)
Lending rates fell again Friday, but as the cost of borrowing eases, some government data suggest private lending is not expanding.
Commercial-Mortgage Lending Comes to `Abrupt Halt,’ RBS Says (Bloomberg)
Nov. 7 (Bloomberg) — Commercial real estate borrowers are running out of options as asset-backed markets dry up and alternative financing comes to an “abrupt halt,” RBS Greenwich Capital Markets Inc. analysts said.
Insurance group AIG repays more of US$85 billion Fed loan (The Canadian Press via Yahoo! Canada News)
CHARLOTTE, N.C. - American International Group Inc. reduced the amount it owes the U.S. government by another US$2.3 billion as the insurer continues to use the Federal Reserve’s new commercial-paper-funding program.
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