Real estate blog entries tagged with commercial lenders by Rick Fitzgerald -The MultiFamily Expert (AAM Capital)

Channels
Consumer
Professional
States
USA
- AL
- AK
- AZ
- AR
- CA
- CO
- CT
- DE
- DC
- FL
- GA
- HI
- ID
- IL
- IN
- IA
- KS
- KY
- LA
- ME
- MD
- MA
- MI
- MN
- MS
- MO
- MT
- NE
- NV
- NH
- NJ
- NM
- NY
- NC
- ND
- OH
- OK
- OR
- PA
- RI
- SC
- SD
- TN
- TX
- VI
- UT
- VT
- VA
- WA
- WV
- WI
- WY
Canada
- AB
- BC
- MB
- NB
- NL
- NT
- NS
- NU
- ON
- PE
- QC
- SK
- YN

Home : Blogs : Rick Fitzgerald -The MultiFamily Expert : Multifamily investments and straight talk from the banker : Tag "commercial lenders"

commercial lenders: CRE News - "Cherry pickin" - 07/30/08 05:27 PM

There is a real concern over "cherry picking" the best deals with the remaining national commercial real estate lenders. Business is booming for these guys and no plans in increasing personnel to cover the new loan submissions. This is affecting CRE agents across the nation according to the latest CB Ellis survey. New purchase sales are down over 70% in many areas with local and national lenders passing on many deals. All income streams for the agents are under pressure.
Some of our agent partners still believe this is a down cycle which has been seen before and will come back … (2 comments)

commercial lenders: Lehman Brothers shuts it down but on the bright side: - 07/08/08 10:44 AM

Wow, the news just keeps on coming. We pretty much saw the warning signs for some big news to hit with the second quarter coming to a close. However, 2 of the biggest names in the business closing shop doesn't bode well for the industry. Definitely shrinking the the funding sources who are now easily cherry picking loans.
Lehman Brothers Small Business Finance was a valuable option for many business owners needing to leverage cash or utilize a non bank lending program. Unfortunately, they have been mortally wounded by the sub prime mess and announced closing of the division. It's a … (5 comments)

commercial lenders: CRE News - Indymac another casualty - 07/01/08 03:05 PM

Bad news in my world again today. IndyMac created a commercial division to become more diversified. However, it was too little, too late for them. It wasn't entirely unexpected but the way it was handle certainly was. The production team was let go at the end of the day on Monday and the division closed without any ado. Phone lines and emails went unanswered this morning. It's too bad because they did create a niche for just a little larger underwriting box.
Any loans with locks are supposed to be honored but I'd sit on the deal if you have a … (0 comments)

Related Links:

Rick Fitzgerald -The MultiFamily Expert

Chattanooga, TN

More about me…

AAM Capital

Address: 5000 Alpha Lane , Hixson, TN, 37343

Office Phone: (423) 870-2285

Cell Phone: (423) 991-5926

Email Me

Multifamily investments and straight talk from a Senior Underwriter, Banker and Lender. Rick Fitzgerald and AAM Capital (www.themultifamilyexperts.com) covers multi family investments, banking news and commercial real estate. Find out what we can do for you by calling us today. Get the Mortgage and Loan Calculators widget and many other great free widgets at Widgetbox!

Links

Archives

Find TN real estate agents and Chattanooga real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.