Journal Article

Noteworthy: commercial real estate: recession takes toll, banks put at risk


Abstract: Texas' commercial real estate market steadily worsened as recession took hold in 2009. Commercial real estate's woes don't bode well for banks already struggling with losses from residential loans. The number of distressed properties--those in foreclosure, in bankruptcy or restructured--is rising.

Keywords: Mortgage loans; Economic conditions - Texas; Recessions; Real estate investment;

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Southwest Economy

Publication Date: 2009

Issue: Q4

Pages: 15

Order Number: 4