Smaller Banks at Risk if Commercial Real Estate Falters
Smaller banks will bear the brunt of commercial real estate losses: "Over the last decade, the Wall Street banks sucked up all the credit card and home mortgage lending that used to be the bread and butter of these community banks," Warren says.
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Will you save in the long run? Refinancing 101
Today’s low interest rates may look tempting, but how do you know if refinancing is really worth it? The ABCs of refinancing include knowing how to shop for a deal, knowing what to expect in closing costs and fees, and being able to figure out if you’ll really save money in the long run. Here’s everything today’s homeowner needs to know to take advantage of record-low interest rates.
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Carmike Cinemas seeks debt refinancing
Carmike Cinemas Inc. said it is seeking to refinance a senior secured term loan facility that matures in May 2012 and had an outstanding balance of $250.8 million at the end of 2009.
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SL Green refinances Times Square tower
New York property owner SL Green Realty Corp. said Tuesday it has refinanced the Times Square tower at 1515 Broadway in Manhattan that serves as headquarters for Viacom International Inc.
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Ashford real estate trust completes hotel refi
Ashford Hospitality Trust Inc., a hotel real estate investment trust, said Monday it finished a $19.7 million refinancing of its Hilton El Conquistador Hotel and country Club in Tuscon, Ariz.
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