Commercial Property News Archive for 21-May-2009

(AFX UK Focus) 2009-05-19 21:45 UPDATE 2-Fed opens aid plan to legacy commercial property (Interactive Investor)

By Mark Felsenthal

Insurers Face ?Pain? From Commercial Loans, S&P Says (Update3) (Bloomberg)

May 20 (Bloomberg) -- U.S. life insurers, a group led by MetLife Inc. and Prudential Financial Inc. , face ?pain? on more than $300 billion invested in mortgages tied to commercial property and multifamily homes, Standard & Poor?s said.

U.S. Stocks Drop, Led by Banks on Commercial-Property Decline (Bloomberg)

May 19 (Bloomberg) -- U.S. stocks declined as banks fell after Moody?s Investors Service said commercial property values plunged and Home Depot Inc. retreated following an unexpected slump in housing starts.

Fireman's Fund Provides Tips for Commercial Property Owners on How to Reduce Liability for Vacant Properties (Business Wire via Yahoo! Finance)

NOVATO, Calif.----As property vacancies continue to rise across the U.S. due to a weakening economy, Fireman's Fund Insurance Company is providing commercial property owners with important tips to help reduce their liability and risk.