Articles About Regional Impact
- Author:
- James I. Clark III
- Posted:
- 06.15.2009
Local Banks Facing Significant CRE Losses
Toxic commercial real estate loans could create losses up to $100 billion for small and mid-size banks by the end of 2010 if the economy worsens. According to a Wall Street Journal report – which applied the same criteria used by the federal government in its stress tests of 19 big banks — these institutions […]
- Author:
- Russ Posey
- Posted:
- 06.10.2009
Florida Legislature Hands Developers a Victory
Florida’s commercial real estate development community won big time in the Florida Legislature’s 2009 session with passage of the Community Renewal Act. The legislation limits local governments’ ability to collect impact fees from developers, a step that is certain to encourage new commercial development in the Sunshine State. NAIOP Florida strongly supported the bill, which […]