-
Richard Harra was also fined $300,000 for painting a false picture of the bank’s financial health at the height of the financial crisis.
December 18 -
The move allows the New York multifamily lender to make more loans without having to raise capital.
November 15 -
A low-rated segment of an index that most closely tracks the performance of U.S. mall mortgage loans saw its biggest decline in more than a year in October.
November 5 -
New York developer Silverstein Properties Inc. built a $4 billion pipeline of real estate deals just weeks after starting. None of the money was for buildings it will own.
October 19 -
Proposition 10 would give local jurisdictions a freer hand to restrict rents, but critics say that would lead to property devaluations. Some see an effect regardless of whether the measure passes.
October 10 -
The changes mandated by the recent regulatory relief law would narrow the definition of "high-volatility commercial real estate" exposures that get a higher risk weight.
September 18 -
A 75-year-old Florida real estate developer was sentenced to six months in prison after admitting he lied to banks to keep money flowing so he wasn't forced to scuttle an oceanfront hotel and condominium in Vero Beach.
August 29 -
A number of banks have stepped up efforts to lend to residential developers, though they are mindful of missteps made before the financial crisis.
August 20 -
Wells Fargo is considering a sale of commercial real estate broker Eastdil Secured, according to a person briefed on the matter.
July 26 -
Commercial real estate is their bread and butter, but many banks are scaling back in this vital loan category. Here’s why.
June 29