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A visitor enters the headquarters of WeWork in London, U.K.

WeWork executive to lenders: Coworking isn’t a ‘fad or trend’

Real estate lenders shouldn’t have a blanket policy against providing loans to landlords that count coworking companies such as WeWork as tenants, an...
Square footage of coworking space in office buildings 2010-2019

WeWork problems highlight risks coworking poses for banks

The recent financial troubles of WeWork, the largest U.S. provider of shared office space, are raising questions about how banks’ commercial real estate...
TenX

Commercial real estate activity rises in 2Q, but prices flatten

Commercial real estate transaction volume rebounded in the second quarter from a poor first three months of 2019, although property price growth plateaued,...
Ohio city could require property owners to register empty buildings

Ohio city could require property owners to register empty buildings

The Hamilton, Ohio City Council soon will consider whether to require owners to register their vacant industrial or commercial buildings. The goal is...
New York

Manhattan’s biggest condo tower gets new loan for unsold units

Call it a sign of a dreary Manhattan condo market, as well as optimism for an eventual comeback.Extell Development, facing an Aug. 30...
Bakersfield, Calif.

Potential buyers offer new vision for shuttered Bakersfield mall

Prospective buyers of the boarded-up East Hills Mall recently reached out to Bakersfield city officials with a new vision for demolishing and redeveloping...
Dianne Crocker

Now is when commercial lenders need to prepare for the next recession

July 1, 2019, was an important date. Why? Because it marked the day the U.S. economy officially entered into the longest economic expansion...
originators of CRE loans

CRE meets AI in fintech’s tool for lenders

A fintech called Blooma has launched an artificial intelligence product for commercial real estate lenders that it says will help them cut down...
As demand soars, multifamily mortgage originations should break record

As demand soars, multifamily mortgage originations should break record

Behind strong job markets, the shortage in housing supply and more millennials moving out, 2019 projects to be a record year for multifamily...
Despite recession fears, credit unions forge ahead with business lending

Despite recession fears, credit unions forge ahead with business lending

Credit unions are being bombarded with news about a potential recession. But with most economic indicators still strong, yield-seeking credit unions continue...

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swytchX Nominated For Energy New York Awards (ENYA)!swytchX is ecstatic to be a 2019 nominee at the Energy New York Awards (ENYA) in...
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Supreme Court yet to decide if it will take CFPB case

Supreme Court yet to decide if it will take CFPB case

A list of cases published Tuesday that the Supreme Court has either accepted or rejected did not include a challenge to the Consumer...

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