Commercial Lending Update

After a year of financial woes for Charles Cohen, the developer is facing even more challenges with a potential foreclosure at his office building at 3 East 54th Street. Lender Forethought Life Insurance Company recently […]

Regional banks are beginning to feel the squeeze of the weakened office market, even as larger institutions are facing fewer troubled loans. Bisnow/created with assistance from OpenAI’s DALL-E The average bank with $100B or less […]

We’ve all heard it: survive until 2025. There is certainly truth to that phrase, as the overall commercial real estate landscape looks to be stabilizing as we get ready to turn the calendar from 2024. […]

Commercial lending team members at Great Southern Bank are using generative AI to “chat” with their data, especially policy documents and loan records. They ask questions like, “what are the loan-to-value limitations for multifamily real […]

PLYMOUTH MEETING, Pa., Nov. 19, 2024 (GLOBE NEWSWIRE) — Provident Bank, a leading community-focused financial institution, is pleased to announce the addition of six experienced lenders in the commercial banking space: Matthew Moresco, Matthew Skilton, […]

ConnectOne CEO Frank Sorrentino said loan growth could remain challenging late this year and early in 2025. Zef Nikolla Community banks barely grew loans in the third quarter — and the struggle for momentum could […]

Office commercial real estate is under pressure after remote work trends and population losses in cities like New York, shown here, spurred increases in empty properties and hindered landlords’ collective ability to make loan payments. […]

Commercial And Multifamily Mortgage Originations Surge 59% In Q3 As Market Heats Up Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. According to the Mortgage Bankers […]

(Bloomberg) — Vietnam’s central bank reiterated it’s willing to sell US dollars to keep the dong stable in the local money market and maintain macroeconomic stability, State Bank Governor Nguyen Thi Hong said on Monday. […]

The International Monetary Fund (IMF) sees private sector lending recovering next year, as the Central Bank of Kenya (CBK) begins nudging domestic interest rates lower on improved macroeconomic conditions. The multilateral lender nevertheless expects private […]