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03/02/2010 |
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| Cities Where The Recession Is Easing
By: Francesca Levy
Uncle Sam as a Recession Shield
Government spending hasn't hurt Austin, Texas, either. It's the seat of state government and tied for No. 1 on our list of 10 cities best surviving the recession. Jobs have been lost nearly everywhere in the last three years, but between December 2007 and December 2009 the number of jobs in Austin rose by 0.98%; more than any of the other major cities we looked at. And by three years from now, jobs are expected to grow by 8.09%, the second-best job outlook on our list. |
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02/08/2010 |
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| LENDERS AND BORROWERS TWO-STEP INTO 2010
The lending climate has improved, but banks and borrowers still have to tread carefully to refinance or close new loans.
By Jaime
Ask people active in the commercial real estate sector about their predictions for economic recovery, and you may hear complaints that the banks are not lending enough to help the recovery.
Everyone is asking banks to lend money — from the federal government to real estate owners and developers. However, banks have to meet strict guidelines, especially since the Office of the Comptroller of the Currency (OCC) requires higher loan loss reserves. |
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02/15/2010 |
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| Tough Times Call For Innovative Solutions
Is the Self-Storage Development Business Dead?
While certainly not dead. It is, at best, in hybernation! Spring may be
around the corner, but the real wake up call for self-storage development
will be the springing back to life of capital. Until the developers have access to capital, on reasonable terms and at rates that make sense, there will be few signs of life. |
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Linsalata Realty Services
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