Isaac Paige Chairman Believes Commercial Real Estate May Strain Banks
Summary
Seattle, WA, March 12, 2009 --( He went on further to say “Banks have around $2.5 trillion worth of commercial real estate loans on their books, and while this was less than a quarter of the size of the residential mortgage market, any more strain on the financial sector would be most unwelcome.” He finished by saying "Commercial real estate finance challenges could further complicate efforts to stabilize the banking system and credit markets." Isaac Paige Associates is highly respected within the financial community and has been providing accurate evaluations for over a decade.Isaac Paige Associates principals are actively involved in all aspects of the mergers & acquisitions evaluation process.And overcoming problems in the financial sector is central to achieving economic recovery," he told the analysts at luncheon address.He went on further to say “Banks have around $2.5 trillion worth of commercial real estate loans on their books, and while this was less than a quarter of the size of the residential mortgage market, any more strain on the financial sector would be most unwelcome.” He finished by saying "Commercial real estate finance challenges could further complicate efforts to stabilize the banking system and credit markets."Isaac Paige Associates is highly respected within the financial community and has been providing accurate evaluations for over a decade.