commercial real estate exclusively: Commercial Real Estate Exposure Catches Banks in Economic Downdraft - 01/23/09 02:14 AM
Commercial Real Estate Exposure Catches Banks in Economic Downdraft
Banks Report Deterioration in Nonresidential Loan Portfolios, Tighten Purse Strings

THE OTHER SHOE HAS DROPPED.
Banks began issuing their fourth quarter reports this week and a potential major trend appears to be the negative effect deteriorating business conditions are beginning to have on the credit quality of their commercial real estate loan portfolios.
In addition, banks are reporting they expect the credit quality of their portfolios will only continue to worsen. Not surprisingly, bankers also noted that the overall demand for loans has declined and so has the credit quality … (4 comments)

 
Sean Dreznin, Commercial Investment Real Estate Agent (NAI Tampa Bay)

Sean Dreznin

Commercial Investment Real Estate Agent

Sarasota, FL

More about me…

NAI Tampa Bay

Address: 12400 Seminole Blvd, Largo, fl, 33778

Office: (813) 872-7200

Mobile: 941-961-8199

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