EconPapers    
Economics at your fingertips  
 

Noteworthy: commercial real estate: recession takes toll, banks put at risk

Jackson Thies ()

Southwest Economy, 2009, issue Q4, No 4, 15

Abstract: 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)
Date: 2009
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://dallasfed.org/assets/documents/research/swe/2009/swe0904f.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:feddse:y:2009:i:q4:p:15:n:4:x:2

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Southwest Economy from Federal Reserve Bank of Dallas Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2020-11-29
Handle: RePEc:fip:feddse:y:2009:i:q4:p:15:n:4:x:2