Mountain View project with Google as tenant, San Francisco office building bolsters CRE business for Bay Area credit union.
Credit union plans new branch, commercial lending offices in property it obtained in 2012 foreclosure.
Mortgage Bankers Association says that's 8% of outstanding balance nationally.
Though a little weaker than residential real estate, reports on sales and leasing of nonresidential real estate are still mostly positive.
Washington was embroiled in a game of fiscal chicken at the end of the year. Unemployment is high at 7.7%. The 2.5 million people who are unemployed but so discouraged that they’re not actively looking are unchanged from 2011.
Commercial real estate activity continued to improve across most of the 12 Federal Reserve Board districts.
This preview from next week's print edition focuses on the challenge faced by Business Partners LLC following the Telesis collapse.
The California Institute of Integral Studies has tapped Technology Credit Union to refinance its headquarters in San Francisco.
Over the past couple of weeks, bits and pieces have leaked out about a new commercial loan pilot program from Amazon Inc. and how the online retail behemoth’s entry into the small business lending could put credit unions, banks and other lenders on high alert.
Whether Amazon.com’s commercial lending pilot program succeeds will be determined over time and how its underwriting terms stack up against banks, credit unions and others.