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Claremont biz park hanging tough despite leery lending environment (access required)

by Becky Hurley

Published: December 11,2009

Time posted: 9:23 am

Tags: Claremont Business Park, Hammers Construction

With the Federal Deposit Insurance Corp. holding lenders to tighter capitalization standards, commercial developers in search of project financing are facing an uphill battle. In fact, loan balances at commercial banks fell at the fastest rate in at least 25 years during the third quarter, the FDIC reported last week. On a national basis, outstanding loans have ...





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