Skip Navigation
StreetEasy Logo

Commercial Real Estate Wreck Looms For Regional Banks

Started by stevejhx
over 16 years ago
Posts: 12656
Member since: Feb 2008
Discussion about
"Banks are writing off commercial real estate loans now at a bigger rate than in the last 20 years," said Kathy Boyle, president of Chapin Hill Advisors in New York. "It's a double-whammy. Banks have another shoe to drop on their balance sheets, and regional banks tend to have a much bigger exposure." http://www.cnbc.com/id/32085576 And all that will mean for crashing rents - residential rentals are a large portion of commercial real estate. Archstone & StuyTown: Beware!
Response by w67thstreet
over 16 years ago
Posts: 9003
Member since: Dec 2008

'T-i-m-e, is on my side,... yes it is....... t-i-m--e, is on my side"

cash in cash out.... the most important stmt on a 10Q/K... cash does not lie.... agentrachel.... not so trustworthy.....

Ignored comment. Unhide
Response by marco_m
over 16 years ago
Posts: 2481
Member since: Dec 2008

LOL..not so trustworthy

Ignored comment. Unhide

Add Your Comment