Commercial Real Estate: Background and Issues

by Miller, Kimberly C.

• ISBN13: 9781617283543
• ISBN10: 1617283541
• Format: Hardcover
• Copyright: 2010-10-01
• Publisher: Nova Science Pub Inc

Summary

Over the next few years, a wave of commercial real estate loan failures could threaten America's already-weakened financial system. The Congressional Oversight Panel is deeply concerned that commercial loan losses could jeopardise the stability of many banks, particularly the nation's mid-size and smaller banks, and that as the damage spreads beyond individual banks that it will contribute to prolonged weakness throughout the economy. This book is an overview of the current threats facing the commercial real estate markets, and the future problems facing communities, small businesses and American families already struggling to make ends meet in today's especially difficult economy.

Table of Contents

Preface

Commercial Real Estate Losses & the Risk to Financial Stability

Opening Statement of Elizabeth Warren, Chair of the Congressional Oversight Panel - Hearing on "Commercial Real Estate"

Opening Statement of Richard Neiman, Congressional Oversight Panel Field Hearing on "Commercial Real Estate"

Opening Statement of Damon Silvers, Congressional Oversight Panel Field Hearing on "Commercial Real Estate"

Opening Statement of J. Mark McWatters, Congressional Oversight Panel Field Hearing on "Commercial Real Estate"

Statement of Jon D. Greenlee, Associate Director, Division of Bank Supervision & Regulation, Board of Governors of the Federal Reserve System, before the Congressional Oversight Panel Field Hearing on "Commercial Real Estate"

Statement of Doreen R. Eberley, Acting Regional Director, Atlanta Regional Office, Federal Deposit Insurance Corporation, before the Congressional Oversight Panel Field Hearing on "Commercial Real Estate"

Written Testimony of Chris Burnett, Chief Executive Officer, Cornerstone Bank, Atlanta, before the TARP Congressional Oversight Panel Field Hearing

Comments from Mark L. Elliot, Troutman Sanders, LLP, on the Mortgage & Sale Markets for Commercial Real Estate

Testimony of Brian Olasov, Managing Director, McKenna Long & Aldridge, LLP, Congressional Oversight Panel - Atlanta Field Hearing

Statement of David Stockert, President & Chief Executive Officer, Post Properties on behalf of the National Multi Housing Council & the National Apartment Association, before the Congressional Oversight Panel

Index

Table of Contents provided by Publisher. All Rights Reserved.