Citi: Commercial real estate loans are coming back

08/17/2009 | Reuters

Analysts at Citigroup said lending on commercial real estate finally is recovering. On the U.S. West Coast, lenders are starting to compete for the chance to make real estate loans secured by commercial properties, they said. In a research note, the bank said there have been recent signs of "aggressive" competition among insurance companies and foreign banks to write loans on office properties.

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