Murray’s $30 billion bill could help state community banks (Tacoma News Tribune)

WASHINGTON – They helped fuel a real estate and commercial development boom across Washington state, but now community banks are saddled with bad loans that are dragging down their balance sheets, causing a credit squeeze and making it hard for small businesses and farmers to get loans in an already difficult economy.

Bank bill could bring relief to state (The Olympian)

WASHINGTON – They helped fuel a real estate and commercial development boom across Washington state, but now community banks are saddled with bad loans that are dragging down their balance sheets, causing a credit squeeze and making it hard for small businesses and farmers to get loans in an already difficult economy.

Commercial Mortgage Defaults at U.S. Banks Reach 3.4% (Update1) (Bloomberg)

Dec. 1 (Bloomberg) — The commercial mortgage default rate on loans held by U.S. banks more than doubled to 3.4 percent in the third quarter as vacancies rose and rents declined, Real Estate Econometrics LLC said.

Commercial Mortgage Defaults in U.S. Bank Portfolios Reach 3.4% (Bloomberg)

Dec. 1 (Bloomberg) — The commercial mortgage default rate on loans held by U.S. banks more than doubled to 3.4 percent in the third quarter as vacancies rose and rents declined, Real Estate Econometrics LLC said.

8 large S. Arizona apartment complexes are in foreclosure (Arizona Daily Star)

Eight large-scale apartment complexes in Southern Arizona have gone into foreclosure on $90 million worth of loans made during the peak of the market.