Commercial lending

A number of banks have stepped up efforts to lend to residential developers, though they are mindful of missteps made before the financial crisis.

Wells Fargo is considering a sale of commercial real estate broker Eastdil Secured, according to a person briefed on the matter.

The March acquisitions of a warehouse lending portfolio and eight California bank branches helped fuel a 22% increase in net income.

Strong demand for business and multifamily loans, combined with double-digit growth in wealth management revenues, more than offset rising expenses.

Commercial and multifamily mortgage debt outstanding grew $44.3 billion during the first three months of 2018, the largest first-quarter gain since before the Great Recession, according to the Mortgage Bankers Association.

Commercial real estate is their bread and butter, but many banks are scaling back in this vital loan category. Here’s why.

Two South Korean financial firms have bought $100 million of debt on a New Jersey residential building that's part-owned by the family of Jared Kushner.

The value of commercial-property deals rose 6.7% in the first quarter from a year earlier, but higher interest rates and softer demand will weigh on the market, Ten-X Commercial said.

The Canadian banks' second-quarter profits were also boosted by double-digit income growth at their U.S. operations.

The company has also hit its goal of having half of total loans tied to customers around Atlanta.