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Real estate loans still threaten banks

Based upon early indicators last January, it looked like some 200 banks were on track to fail in 2010. The number didn’t reach that high, but more banks went under across the country last...

Real estate loans still threaten banks
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Investors bullish on hospitality industry

The year was 2008 and the nation was in a serious financial crisis. Very few financial institutions were interested in providing financing for any real estate class. If the subject was financing for a...

Investors bullish on hospitality industry
It’s not easy to own a bank — especially now

It’s not easy to own a bank — especially now

Business folks, especially members of the real estate community, are zealous to engage in new business endeavors. Real estate...

It’s not easy to own a bank — especially now
Good riddance to 2009 for hotel industry

Good riddance to 2009 for hotel industry

Hoteliers are overjoyed that 2009 has come to a close. “Good riddance to 2009, a year which we believe will go down as the worst in the modern hotel industry,” said Mark Lomanno, the...

Good riddance to 2009 for hotel industry
Waiting for Godot

Waiting for Godot

I don’t want to sound like an undertaker, yet for the past eight weeks on Friday evenings when I receive an e-mail from the Federal Deposit Insurance Corporation, I learn that another bank has...

Waiting for Godot
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