Though a little weaker than residential real estate, reports on sales and leasing of nonresidential real estate are still mostly positive.
California’s $3.1 billion Kinecta Federal Credit Union, party to a delayed mega-merger with the $1.1 billion NuVision CU, is in recovery mode this month, tending to a battered mortgage portfolio.
With just a few weeks left in 2011, it may not be a shocking development that the commercial real estate sector will end the year in a state of stagnation.
Group takes on the question of commercial real estates and credit unions.
High vacancy rates and low property values in the commercial real estate sector continues to hamper overall growth in the economy, one top banking official testified today.
It was a little more than a year ago when the NCUA threw its support behind an advisory that encouraged workouts on commercial real estate loans.
Find out how our readers ranked the top 10 stories of 2010.
Rising vacancy rates and falling rents continue to be the main culprits behind the struggling commercial real estate sector, the Federal Reserve Board reported in its just-released Beige Book.