News Topic: Commercial real estate lending

The combination of rising interest rates and increased competition from nonbank lenders is prompting many commercial real estate investors to seek better deals elsewhere. ... Read full article

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

The explosion in construction of self-storage facilities is being backed by banks hungry for commercial loans. Some market participants fear a glut is in the making and the credits could sour. ... Read full article

CEO Tim Sloan said that the bank has "pulled back enough" on auto lending and is poised to grow the business again. ... Read full article

On Dec. 31, 2017. Dollars in thousands. ... Read full article

The removal of costly appraisal requirements on tens of thousands of smaller commercial properties could help community banks better compete for loans they say they have been losing to nonbank lenders. ... Read full article

Leader Bank says it can land property managers as commercial clients by helping them handle tenant deposits — and possibly create opportunities to boost CRE lending. ... Read full article

Green Apple Bank & Trust, which recently filed an application with regulators, plans to open in the western part of the state by the end of this year. ... Read full article

The group says Mulvaney, who also runs OMB, was not totally forthcoming with the Senate Budget Committee about the foreclosure of a property he owns in South Carolina. ... Read full article

Borrowers can get better rates elsewhere, so they're repaying ahead of schedule, leaving banks in the lurch. The steps lenders would have to take to keep the business could be prohibitively expensive. ... Read full article

The Cincinnati bank reported strong profits, but its efforts to lower credit risk curbed lending as expenses rose in the first quarter. ... Read full article

The New York bank said it wrote down each taxi medallion loan to a value of $160,000. At their peak, New York City medallions were worth well over $1 million. ... Read full article

The Los Angeles bank also benefited from a reduced reliance on costlier certificates of deposit. ... Read full article

Bankers hoped the tax overhaul would stimulate a boom in business borrowing, but several said this week that hasn’t happened yet. PNC’s Bill Demchak warned that the tax cuts could be encouraging lenders to underprice loans. ... Read full article

Banks have been hanging on to problem loans for various reasons, but that could create headaches when credit inevitably worsens. ... Read full article

TriStar Bank in Tennessee says a shortage of appraisers is slowing down its commercial real estate lending and raising the cost of appraisals. The claim has outraged appraisers, who argue that the bank is simply trying to avoid paying their fees. ... Read full article

As part of a larger regulatory relief effort, regulators have raised the dollar-amount threshold for commercial real estate transactions that require a formal appraisal. ... Read full article

The bank, which has branches in eight state and operates a nationwide real estate business, said that the proposed new name, Bank OZK, would better reflect its geographic reach. ... Read full article