Real Estate Loans

SEFCU bulks up its commercial division [Times Union, Albany, NY] - Insurance News Net (press release)

Fri, 18 May 2012 09:40:42 GMT

SEFCU bulks up its commercial division [Times Union, Albany, NY]
Insurance News Net (press release)
The Albany -based credit union provided a $7.26 million loan package to the group of sophisticated real estate investors that also built The Paddocks at Saratoga , a high-end apartment complex in Wilton . The group -- Adelphi Hotel Partners LLC ...

Moody's downgrades 16 Spanish banks - 4-traders

Fri, 18 May 2012 08:46:12 GMT

Moody's downgrades 16 Spanish banks
4-traders
Spain's banks, awash in bad loans after a real estate boom went bust, are at the heart of the euro zone debt crisis because markets fear a state bailout would put a severe strain on the country's already stretched public finances.

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IMF says U.A.E. government entities to repay USD30bn in 2012 - Zawya (registration)

Fri, 18 May 2012 08:18:51 GMT

IMF says U.A.E. government entities to repay USD30bn in 2012
Zawya (registration)
Banks' lending to the private sector remains sluggish, curbed by fears of more possible debt roll-overs and by excess capacity in the real estate sector. Despite increased non-performing loans, the UAE's banking sector remained well-capitalized and ...

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