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Lansner on Real Estate ~ The latest news about the housing market from Orange County Register columnist Jon Lansner.

Really? Lenders regret big real estate loans

October 27th, 2009, 6:00 pm · 15 Comments · posted by Jon Lansner

really

Real estate news and views from around the globe that make you go, “Really?”

  • NO REST: Luxury hotel loans — including San Ysidro Ranch in Monticeto — in jeopardy. (Bloomberg) MORE HERE!
  • CRASHING: Office park on old Hughes land in LA faces foreclosure (Bloomberg) MORE HERE!
  • NO TIMING: Bankrupt Capmark made big office, hotel loans as market top approached (Bloomberg) MORE HERE!
  • EVERYWHERE: Commercial real estate slump hits … Kansas!  (Wichita Eagle) MORE HERE!
  • STOP! Ohio bank told to cease commercial real estate loans for now (Dayton Daily News) MORE HERE!
  • WATCH: Are small banks’ construction loans the next financial danger? (Bloomberg) MORE HERE!

Check HERE for our coverage of real estate troubles of ‘Real Housewives of Orange County’

Posted in: Lending/ratesOdds & endsTop tale
 
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 15 Comments

  • Jc says:

    Really?? poor guys.

  • Tex says:

    “Toto, I have the feeling we’re not in Kansas anymore.”
    (October 29, 2009 - an 80th anniversary party celebrating “Black Tuesday” — ???)

  • SC2 says:

    Big money knows the mistakes that were made while ignorant and gullible small fries like shockg continue to drown.

  • shockg says:

    Renters aren’t big money. Especially those that day traded their primary residence.

    • Planet Reality says:

      I bet I’m big money compared to your roll these days.

      Whats your deal with renters? I rent and own property. It’s just not a smart financial decision to buy a home right now in this state.

  • Patricio says:

    Jesus…how do I write the editors to get this toilet of a blog off the front page? Now Jon thinks he is cutting edge with his “really” posts, good lord man just hang it up you use to have some interest - you pïssed away from your abysmal admin qualities and obvious love of RE “pros” opinions on the subject matter.

    You are a shill and a joke, you on the front page of this joke of BK paper shows how bad they are.

  • Carlos says:

    The worst has yet to come. Commercial Real Estate Loans and Credit Cards Lenders will hit very hard in early 2010.

  • naieve says:

    Lending = Helping “The Legal Stealing”

  • osamaobama says:

    let em burn

  • Tex says:

    Top 25 Metro Areas With Highest Foreclosure Activity, Q3 2009

    1. Las Vegas-Paradise, NV
    2. Merced, CA
    3. Cape Coral-Fort Myers, FL
    4. Stockton, CA
    5. Modesto, CA
    6. Riverside-San Bernardino-Ontario, CA
    7. Bakersfield, CA
    8. Vallejo-Fairfield, CA
    9. Reno-Sparks, NV
    10. Port St. Lucie, FL
    11. Orlando-Kissimmee, FL
    12. Phoenix-Mesa-Scottsdale, AZ
    13. Sacramento–Arden-Arcade–Roseville, CA
    14. Miami-Fort Lauderdale-Pompano Beach, FL
    15. Fresno, CA
    16. Salinas, CA
    17. Visalia-Porterville, CA
    18. Lakeland, FL
    19. Boise City-Nampa, ID
    20. San Diego-Carlsbad-San Marcos, CA
    21. Provo-Orem, UT
    22. Oxnard-Thousand Oaks-Ventura, CA
    23. Los Angeles-Long Beach-Santa Ana, CA
    24. Naples-Marco Island, FL
    25. Deltona-Daytona Beach-Ormond Beach, FL

    Ranking based on percentage of housing units. Source: Realtytrac

  • foolishpleasure says:

    65% of small businesses expect to go out of business in the
    next two years BUT miraculously the bottom for real estate
    prices is in– llloolllll@ribsplitter deluxe

  • foolishpleasure says:

    being that small businesses are the primary source of jobs
    the fact that 65% of small business owners are concerned that
    they wont even be in business in two years is as scary as the
    threat of a massive out-break of swine flu—

    http://jan.freedomblogging.com/2009/10/28/65-fear-their-business-will-fail/24287/

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