The American Institute of Architects released a report where they concluded that the major issue which is preventing job growth in this country is a lack of debt financing for commercial real estate projects. I know this sounds kind of self-serving but they did note that one in five stalled projects are a direct result of financing issues and they did it knowledge that financing problems account for a higher share of stalled projects in the education and multifamily sector.
Separately, Trepp, LLC said that of the 11 banks that failed in October 65% of the non-performing loans were commercial real estate loans. The number of bank failures is up from September when there were six failures and August when there were seven failures. They noted that the slowing of the US economy seems to be having a negative impact on the banks as delinquency rates and the volume of troubled commercial loans has increased recently.
Here it Fair Assessments LLC we are saving our clients an average of 21% on their property tax assessments in 2011. If you would like help with your property tax appeal in 2012, please contact us. We are here to assist in will be happy to answer any questions you might have about our service.
Separately, Trepp, LLC said that of the 11 banks that failed in October 65% of the non-performing loans were commercial real estate loans. The number of bank failures is up from September when there were six failures and August when there were seven failures. They noted that the slowing of the US economy seems to be having a negative impact on the banks as delinquency rates and the volume of troubled commercial loans has increased recently.
Here it Fair Assessments LLC we are saving our clients an average of 21% on their property tax assessments in 2011. If you would like help with your property tax appeal in 2012, please contact us. We are here to assist in will be happy to answer any questions you might have about our service.
