CRE

The Tennessee company has been working to resolve a memorandum of understanding tied to its CRE exposure.

Vacancies and rent-slashing have some banks worried that certain markets are overheating, but others say the decline in nonperforming loans is a sign the sector has never been healthier.

Joseph Ficalora, New York Community's CEO, told analysts that his company could still have a chance to buy Astoria "down the road."

A number of banks are tapping the brakes on commercial real estate lending, giving others an opportunity to make more loans at better terms.

On Sept. 30, 2016. Dollars in thousands.

There is optimism that consolidation could bounce back from a lackluster 2016 as bank stocks rally. At the same time, expectations of regulatory easing and tax reform could entice more banks to stay independent, at least in the short term.

Weakness in the energy sector and a surge in new construction are pushing up vacancy rates at offices and hotels, leading to a spike in delinquencies on loans tied to them. The safer bet, bankers say, is lending on industrial properties.

First Midwest Bancorp will move its headquarters to Chicago from Itasca, Ill., next year. The $11.6 billion-asset company will open an 80,000-square-foot office in the spring of 2018.

Kenneth Mahon, the new CEO of Dime Community Bank, wants to reduce the 152-year-old institution's multifamily exposure by diversifying into other asset classes. But finding new business amid already fierce competition could be an immense challenge for Dime — and other community banks — in 2017.

The commercial-and-industrial loan space is overheated, higher rates could stifle mortgage refinancings, and subprime auto delinquencies are on the rise. Bankers could be fighting these fires and more in the new year.