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Some banks open the spigot for commercial real-estate

Posted on 04 May 2011

A few large commercial banks are becoming more bullish on commercial real estate, in the latest sign that the financing is beginning to flow more freely into the capital-starved sector.

While many banks continued to cut their exposure to commercial real estate in the first quarter, Wells Fargo & Co.’s portfolio rose to $101 billion, up 1.7% from the fourth quarter and 3.3% from the first quarter of 2010. It was one of the bank’s few lending segments that actually rose from the fourth quarter……………………………………….Full Article: Source


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