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A Flood of Toxic Loans in China Is a Bonanza for Debt Buyers – The explosion of soured debt comes in the wake of more private sector firms struggling to refinance. Moreover, China’s top banking regulator is encouraging commercial lenders to accelerate the.
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Jeff Levine Lining Up $415M in Construction Financing for Hudson Yards Tower – . has an inside track as of now but that the debt is fetching competition from lenders of every stripe, including foreign players, life companies, pension funds and private lenders. “There’s been an.
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Young Real Estate Flippers Get Their First Taste of Losing – “Flipping only works in an appreciating market where homes move quickly,” says Glen Weinberg, the Denver-based chief operating officer of Fairview Commercial Lending. Their hard-money loans, which.
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