Loan volume wilts as financing crunch continues.

Summary


Commercial real estate loans - Quarterly Real Estate Special Report

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Extract


Loan volume wilts as financing crunch continues.

The volume of commercial real estate lending in 1991 was a fraction of what it was in 1990 and, with office vacancies high and bad loans still causing problems, top bankers say there is no reason to hope that the lending crunch will be over soon.

Commercial real estate refinance, purchase and construction loans in Los Angeles County plummeted in 1991 to...

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