Commercial Real Estate
- The default rate of U.S. commercial real estate bank loans reached its highest level in 15 years and is not expected to peak until 2011.
- Commercial real estate concerns get aired at US TARP hearing.
- WSJ: Relief for CRE debt?
- US commercial loan servicers seek longer extensions.
- NYT: San Francisco to toughen a strict recycling law.
- SF Chronicle: S.F. OKs toughest recycling law in U.S.
- 2010 governor hopefuls tread carefully in budget crisis.
- Schwarzenegger threatens to shut down state government.
- California leading growth in nation's green jobs economy, study finds.
- California State Controller: Out of cash in 50 days (see graph above).
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