Lenders' Insatiable Appetite for Commercial Real Estate
US Banks Increase Commercial Property Lending for First Time Since 2010 | by Hui-yong Yu
Bloomberg writes: US banks increased financing for commercial real estate in the fourth quarter for the first time in almost two years as default rates dropped and lenders shed more foreclosed properties, Chandan Economics said. Balances on loans for properties including office buildings and shopping malls rose by $3.69 billion after falling for six consecutive quarters.
Read Bloomberg's coverage of the Q4 2011 Bank Default and Lending Report at bloomberg.com.