Commercial Real Estate | Index | Denver Commercial Real Estate | Commercial Realtor In Phoenix | Commercial Real Estate Rentals | Hotel Bedding For Sale | Inverness Office Park | Commercial Real Estate Lenders | Commercial Realtor In Phoenix | Austin Commercial Properties New loans for commercial properties plunge 70% (Dallas Morning News) Four Star Industrial Park officials planning ahead on major issues (The Gleaner) Fears grow over commercial property defaults (Financial Times) Grubb & Ellis Realty Investors Names Mathieu Streiff Senior Vice President, Investment Operations (PR Newswire via Yahoo! Finance) Is commercial real estate the next shoe to drop? (San Jose Mercury News)
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NEWS AND INFORMATION
So far there?s no sign of a thaw in the frozen credit markets. If anything, the situation is getting worse for the real estate business.
Even as officials with the Four Star Industrial Park conducted a groundbreaking ceremony for a new road and other improvements in the park Tuesday, they are looking to even more ambitious projects in the future. “I think this sends a solid message to the region that despite the economic times we have, we have state and federal officials who say we need to be poised for new jobs” when the economy ...
Close to £43bn of loans to the commercial property sector are due for repayment this year, threatening default for property companies struggling to raise new money and piling further pressure on the UK’s banks to support corporate borrowers.
Grubb & Ellis Realty Investors, LLC, the real estate investment and asset management subsidiary of Grubb & Ellis Company , today announced that Mathieu Streiff has been appointed to the newly created position of senior vice president, investment operations.
Even as banks grapple with rising foreclosures, many lenders have something else to worry about: A rising tide of potential losses from commercial real estate loans that could reach into the billions.
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