Commercial real estate lending

What’s driving nonbanks to buy banks? Cheap deposits

03/18/21

Like the fintechs SoFi and LendingClub, DLP Real Estate Capital is acquiring a community bank largely to lower the cost of funding loans.

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Real estate company agrees to buy Sunnyside Bancorp in New York

03/16/21

DLP Bancshares, an affiliate of DLP Real Estate Capital, plans to use the acquisition to create a national platform for commercial real estate and warehouse loans.

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Fed orders Nano Banc in California to reduce CRE concentration

03/04/21

The bank must submit a plan for improving its risk management and decreasing its commercial real estate exposure, the Federal Reserve said in an enforcement order.

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Debt investors step up hotel lending in bet on life after COVID

03/04/21

Credit investors are stepping into a void left by banks and insurance companies and providing debt financing for top-quality hotels in a bet on a post-pandemic recovery, according to a report from the real estate services firm JLL.

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Bottlenecks at SBA holding up loan approvals

03/01/21

Turnaround times on loans in the 504 program are stretching out for weeks as the Small Business Administration grapples with a spike in applications and responsibilities tied to the Paycheck Protection Program.

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How the pandemic has changed small banks' views of CRE

02/28/21

Community banks, which for years have relied heavily on commercial real estate lending, have been tightening underwriting standards, conducting more-frequent loan reviews and stepping back from certain subsectors to minimize their credit exposure.

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CRE lenders’ growing fear: Office workers won’t come back

02/28/21

Already contending with stressed retail, hotel and restaurant loans, bankers are beginning to view office lending — historically a safe bet — as increasingly risky as companies of all types rethink their space needs.

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Malvern Bancorp to record bigger provision for troubled New York loan

02/17/21

The move will force the Pennsylvania company to report a bigger loss for its fiscal fourth quarter and restate its annual report with the Securities and Exchange Commission.

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Lenders to small landlords brace for credit losses

01/04/21

The recent stimulus law’s relief for renters and extension of the federal eviction ban were meant to ward off a housing crisis. But owners of 1- to 4-unit dwellings still face mounting mortgage and property tax debts, and delinquencies could start rising soon — followed by foreclosures.

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Black-owned banks band together to finance pro sports facility

12/10/20

Their $35 million refinancing of the Atlanta Hawks’s training complex is being touted as the first time that a professional sports team has secured a loan underwritten exclusively by Black banks.

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