PRESS RELEASE: Fitch Downgrades Triton CMBS (Nasdaq)
UK commercial property values have declined significantly since the transaction closed, while the securitised portions of the loans do not amortise, resulting in increased balloon repayment risk.

Suit targets FEMA, business park in St. Peters (Suburban Journals)
An environmental group with a long-standing opposition to building on flood plains has launched another legal battle involving the development of a business park near the Mississippi River in St. Peters.

Local inventors could score cash, office space (Rapid City Journal)
A new program will award some lucky inventors some cash and office space to work on their

More empty office space bodes poorly for banks (Pioneer Press)
Vacancy rates in office buildings exceed 10 percent in virtually every major city in the country and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for troubled lenders.

Commercial properties face bursting bubble (Moldova.org)
Rising vacancy rates in U.S. office buildings are pointing to a possibility that a commercial real estate bubble could burst, industry observes said.Vacancy rates have reached 10 percent and are rising quickly in major U.S. cities, The New York Times reported Monday.The Real Estate Roundtable, a lobbying group in Washington, has asked Treasury Secretary Henry Paulson Jr. to include commercial ...

More empty office space bodes poorly for banks (Pioneer Press)
Vacancy rates in office buildings exceed 10 percent in virtually every major city in the country and are rising rapidly, a sign of economic distress that could lead to yet another wave of problems for troubled lenders.

Hagan welcomes supporters, not reporters (The News & Observer)
U.S. Sen.-elect Kay Hagan will, like other new members of Congress, hold an open house for members of the public in her temporary office space Tuesday. But the press is not invited.