CRE

The Charlotte, N.C., company recently closed on a sale of its Cohen Financial platform to SitusAMC.

More than a third fear the fallout from the coronavirus pandemic could drag into 2022 or later, and they are most worried about commercial real estate loans, according to a Promontory Interfinancial Network survey.

On Mar. 31, 2020. Dollars in thousands.

No two properties are alike, so lenders are tailoring their approaches for modification, forbearance and repayment of loans to a sector devastated by the pandemic.

Many commercial property owners are locked out of existing coronavirus relief by financing terms that bar them from taking new loans. Under a House bill, they would receive government-backed equity investments.

Small businesses have been hard hit by the pandemic, meaning commercial lenders are considering how they can better manage risk in this portfolio and make other changes to help.

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Lenders implemented stricter underwriting across all loan types in the first quarter as the pandemic upended the economy, the Federal Reserve said in its survey of loan officers.

Corporations have tapped more than $124 billion in lines in the past three weeks; rating agency says virus “could wipe out a full year of U.S. banking profits.”

Losses on commercial real estate aren’t expected to be as bad as the 2008 crisis; as more cities announce shutdowns, consumers turn to online payments.

On Sep. 30, 2019. Dollars in thousands.

Even in the face of soft loan demand, banks in the region have held firm on terms. That should position them well for the next economic downturn.

Population shifts and the explosion of e-commerce will upend commercial real estate lending while heightened demand for clean energy, not to mention pressure from investors, will diminish banks’ enthusiasm for fossil-fuel financing.

The board- and management-level handing of CRE concentration was the chief concern of FDIC examiners, making up more than 56% of all the supervisory recommendations regulators made in the two-year period.

One found a buyer, another announced plans to retire, and others took steps to reinvent their banks.

Howard Bancorp is planning a big push in CRE lending, first in its hometown of Baltimore and eventually in Washington.

Rules related to custody banking, commercial real estate and derivatives were among the last required under last year’s regulatory relief law.

On Jun. 30, 2019. Dollars in thousands.

On Mar. 31, 2019. Dollars in thousands.

Readers react to Capital One's massive data breach and The Bancorp's expansion in CRE securitizations, defend fintechs offering retirement plans and more.