Current Nrei Newsletters

Subscribe to Newsletters

Join the Conversation

Delinquencies Tick Up On Construction Loans

Published Wednesday, December 03, 2008

The faltering economy has led to a spike in construction loan delinquencies, and the problem could deepen in the near term. The delinquency rate on apartment construction loans registered 3.7% in the third quarter, up from 2.9% in the second quarter, according to real estate research firm Foresight Analytics of Oakland, Calif. Delinquencies on commercial construction loans rose from 4.1% to 5.2% during the same period. What’s more, the volume of construction lending on commercial properties rose 4% in the third quarter to $307 billion. Multifamily lending activity also climbed moderately in the third quarter, rising to $47.6 ...

To continue reading this article, please register or login – it’s quick and free…

Member Login

Forgot password? Need Help?

Enter your email address below, and we'll email your password.

Are cookies enabled in your browser?

This site uses cookies and session data to keep track of your name and preferences while you're logged in. You cannot login without enabling cookies.

One Step Registration

Fill out the form below for instant access to the page you’ve requested.

Website members also receive access to our entire archive and may apply for a complimentary subscription to our print magazine.
All fields are required Personal Info
  Required Must be a valid email
  Required Passwords must match
  Required
  Required
  Required
  Required
  Required
  Required
  Required

National Real Estate Investor Magazine

Submit the form for instant access to the page you've requested.

Quick Poll

NREI Interactive Products

Blogs

  • Green Shoots

  • BlackSwan

  • Traffic Court

Marketplace Ads