Banks are calling out— come take our money! Apparently there is quite a large amount of unused capital sitting in these credit unions, just waiting to be exploited. And you thought we were in a recession? Deficit who? Local industry specialists remark that this abundance of “extra money” is the result of the competitive lending..
Our country is in debt, have you heard? Actually, we are so financially overdrawn we’ve blasted straight through that glass ceiling of our $14.29 trillion dollar limit 24 days ago and we keep soaring higher. And as it turns out, some people have noticed. Recently, Standard and Poor’s took our “stable” fiscal title and threw..
As commercial real estate market takes a (very) slow turn for the better, its impact on the US economy is thrown into sharp relief— and its effect has been pretty substantial. A reported $80 billion attributed to commercial real estate has been lost (yikes!) to commercial banks and nearly 1,200 of those banks at the..
ING Group completes the $100 million deal of the sale of its US-based private market real estate investment management business to the senior management. This decision, in part, is an attempt for the newly renamed Clarion Partners to return “to our partnership roots” during a “promising” point in the real estate market. Clarion Partners, who’ve..
Long Island’s vacancy rates in the commercial real estate market is showing a positive trend in for 2011, however slight they might be. Positive absorption rates for the industrial market in the first quarter of 2011 ended with 280,004 square feet— quite an improvement over the 1.7 million square feet of negative absorption in 2010 and..