Noteworthy: commercial real estate: recession takes toll, banks put at risk
Jackson Thies ()
Southwest Economy, 2009, issue Q4, No 4, 15
Texas' commercial real estate market steadily worsened as recession took hold in 2009. Commercial real estate's woes don't bode well for banks already struggling with losses from residential loans. The number of distressed properties--those in foreclosure, in bankruptcy or restructured--is rising.
Keywords: Mortgage loans; Economic conditions - Texas; Recessions; Real estate investment (search for similar items in EconPapers)
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