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CRE Loan Problems Ahead, Report Cautions
Posted on March 13th, 2010 No commentsA surge of losses on commercial real estate loans – coming on top of lingering residential loan problems – could damage economic recovery, according to a recent Congressional Oversight Panel report. The federal panel estimated that about $1.4 trillion in commercial real estate loans will reach maturity between 2010 and 2014, and nearly half are under water. Read the Milwaukee Journal Sentinel article.
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Rough Spots, But Recovery, Ahead
Posted on January 3rd, 2010 No commentsThe Federal Reserve Bank of Minneapolis recently reported that the Upper Midwest should see a gradual economic recovery this year. “We’re slowly on the mend,” regional economist Toby Madden said. But bankers worry about commercial real estate – what Robert Cera of Baylake Bank in Sturgeon Bay, Wis., referred to as “the next shoe to drop.” Read more in the Green Bay Press-Gazette.