01.03.2012 - U.S. banks increase commercial-property lending for first time since 2010
U.S. 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 from the prior three months to $1.06 trillion, after falling for six consecutive quarters, the New York-based real estate researcher said..............................................Full Article: Source
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