Posts Tagged ‘credit cards’

Commercial Real Estate Week in Review

The Week of May 30-June 5

-  A new report emerged showing banks’ troubled CRE assets have doubled.

- Word from the NAREIT conference this week is that REIT’s are better positioned for the recovery.

- Countrywide’s ex-Chairman was charged by the SEC with fraud.

- What will be the nationwide commercial real estate impact for car dealership sites affected by GM filing for bankruptcy?

- Real Estate Lender Capmark successfully reorganized its financing to stay afloat.
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The Real Cause of the CREDIT Crisis

And you thought real estate was to blame for the credit crisis….it’s all in the name! CREDIT! Now only if Barack Obama created a news conference to tell us to spend, rather than VISA, we might get out of this recession…

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