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New York luxury-condo builder Extell Development Co. says its taking longer than expected to obtain construction financing for its One Manhattan Square project as lenders pull back from the market.
May 20 -
At least one banker has gone public with expectations that the OCC will force his institution to hold more capital. More could soon follow.
May 3 -
With consumers generally averse to risk, financial institutions have an opportunity to rethink what it means to make bets in line with their customers' well-being.
May 2
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Commercial and multifamily mortgage loan originations barely budged overall during the first quarter when compared to the same period last year, according to the Mortgage Bankers Association.
April 29 -
Blackstone Group, with real estate assets that have surpassed $100 billion, is considering tapping individual investors as it expands its push into owning high-quality buildings with steady income streams.
April 22 -
People's United Financial in Bridgeport, Conn., reported higher first-quarter profits as it increased lending for both commercial and residential real estate.
April 21 -
Competitive pricing and softening demand at the high end of the apartment- and condo-building market had executives at BankUnited, Signature and New York Community answering tough questions about their growth projections and diversification strategies.
April 20 -
Two St. Louis-area investors have been indicted on charges they defrauded the failed Excel Bank on real estate loans.
April 20 -
First Horizon National in Memphis reported improved quarterly earnings that reflected higher revenue.
April 15 -
Wells Fargo & Co. said first-quarter profit fell 5.9% as the firm set aside more money for soured energy loans and expenses increased.
April 14

