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Federal Reserve Bank of Dallas
Southwest Economy
Noteworthy: commercial real estate: recession takes toll, banks put at risk
Jackson Thies
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.


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Jackson Thies, "Noteworthy: commercial real estate: recession takes toll, banks put at risk" , Federal Reserve Bank of Dallas, Southwest Economy, issue Q4, pages 15-, 2009.
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Keywords: Economic conditions - Texas ; Recessions ; Real estate investment ; Mortgage loans
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