CRE Lending Drops in Maryland
Commercial real estate lending in Maryland fell by 0.15 percent in 2012, according to the Baltimore Business Journal. CRE lending on a national scale increased by 0.94 percent during Q4 2012.
The largest increase in lending (7.38 percent) was among banks with assets between $10 billion and $50 billion, while lending among banks with assets greater than $50 billion fell by 3.29 percent, according to the report.
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As of December 31, 2012, the delinquency rate for CRE loans fell to 4.29 percent – the lowest level in five years.
Last Updated on April 3, 2013 by Ramin Seddiq