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Anthony Labozzetta, CEO of Sussex Bancorp in New Jersey, isn't afraid of change. His unusual approach to banking helped Sussex emerge from the financial crisis with momentum. Now he's building a branch model that could serve as a blueprint for growth-minded banks.
November 30 -
The pending purchase of Carlile Bancshares will lower Independent's concentration in commercial real estate, while introducing the company to fast-growing markets in Texas and Colorado.
November 22 -
Commercial mortgage lenders, and investors in their bonds, have been more eager than the residential market to embrace Property Assessed Clean Energy loans even though those loans hold a superior-lien position. Here's why.
November 16 -
Franklin Financial Network in Franklin, Tenn., has filed plans to raise up to $62 million in a common stock offering.
November 16 -
Trends in commercial real estate lending, which has reached record levels at U.S. banks, are unsustainable, Fitch Ratings warned.
November 7 - New York
Regulators have pressed banks to watch out for rising concentrations of commercial real estate loans. Some banks have paid heed, but others are skyrocketing past recommended thresholds.
November 3 -
More than $100 billion in securitized commercial mortgages come due soon, many of them still underwater.
October 4 -
Orrstown Financial in Shippensburg, Pa., has agreed to pay a $1 million to settle charges that it misled investors as it raised capital in the wake of the financial crisis.
September 29 -
The high volume of commercial mortgages maturing this year has left some property owners scrambling for funds to refinance. Not so for these eight landlords, who took advantage of the strong price appreciation of their iconic office buildings, luxury hotels, super regional shopping malls, and a portfolio of rental homes, to cash out — in some cases, to the tune of hundreds of millions of dollars of equity. Bank commercial real estate lenders, who know all too well the cyclical nature of this sector, will want to take a close look at these transactions, details courtesy of our colleagues at Asset Securitization Report.
September 22 -
Bankers generally expect loan demand to increase over the next year, but global shocks, domestic politics and regional economic variations may be prompting them to prepare for slightly slower growth than before.
September 21