"For the first time in more than a year, the amount of commercial real estate loans held by banks grew at the end of April, showing a one-week reversal of a long, consistent decline.Continue reading entire article here.
In the week ending April 20, according to data from the Federal Reserve, banks showed a seasonally adjusted increase of $979 million in commercial real estate loans on their books, to $1.458 trillion.
So has the long-wounded banking system finally hit bottom on its commercial real estate debt?"
Tuesday, May 3, 2011
CRE Loans Held by Banks Growing?
In real estate news and analysis from The Wall Street Journal ("Commercial Real Estate Loans Tick Up" by Eliot Brown):