Quantcast
Print This Post Print This Post   |   Email This Post Email This Post   |    

More Delinquency Data; This Time on Construction Loans

May 8, 2009

The WSJ has an article discussing some residential projects Swig Co. has going in NYC. The article isn’t that interesting, except that it contains some data on construction loan delinquency rates.

According to the data, some 32% of construction loans on condo projects are more than 30-days past due. On non-residential commercial construction loans, delinquency rates are some 8.9%.

Similar Posts:

 

Categories: Commercial Construction | Commercial Finance and Lending
Tags: , ,


No comments yet.

Leave a comment