WSJ: Unfinished Commercial RE Projects Weigh on Banks

By editor | Published: January 27, 2010

Banks will have their hands full in the coming months. About $566 billion in commercial real-estate debt, the majority of which was provided by banks, comes due in 2010 and 2011, according to Oakland, Calif., research firm Foresight Analytics LLC. The struggling commercial real-estate loan market is increasingly cited by bank regulators as a growing concern. The Federal Reserve’s Jan. 13 “beige book” survey of regional economies said commercial property markets remained weak.  Click here for entire WSJ article….

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