by Moe Bedard
With most if not all facets of commercial real estate investment mired in the dumps, one area is burgeoning — the market for distressed debt. Indeed, investors say the distressed debt market is more active now than it has ever been, and still nowhere near where players see it going over the next couple of [...]
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by Moe Bedard
* Regulators urge “prudent” commercial loan modifications
* Commercial real estate seen as trouble spot for banks
By Karey Wutkowski WASHINGTON, Oct 30 (Reuters) – U.S regulators on Friday encouraged banks to modify troubled commercial real estate loans, which are seen as a looming danger spot for the banking industry.
The regulators issued guidance to financial institutions and [...]
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