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 investments;
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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