Smaller banks with mostly residential or commercial real-estate loan books tend to take longer to work their way through problems.
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If, however, there is new residential or commercial construction, the effort could accommodate other utilities such as phone and cable companies.
He finds it extremely improbable that residential or commercial buyers would, in this economy, lay out cash for a solar system that won't pay off for a decade.
That expands the list of eligible collateral which banks can post from securitized debt (those asset-backed bonds accepted since Dec. 2007 on top of government gilts), just so long as the loans are residential or commercial real-estate mortgages, consumer loans (but not including credit cards), or corporate loans to non-bank borrowers.
The new standard will require that residential, commercial or infrastructure projects using federal aid elevate their structures 1 foot above the latest Federal Emergency Management Agency recommendations or, if elevation isn't possible, relocate or flood-proof boilers or other utilities a foot higher than the latest federal guidance.
The buyers get a stake in the rental income and potential sale of one or more commercial, retail or residential properties.
Low rates have driven clients seeking refinance opportunities to their local banks and have increased business in all lines whether commercial or residential.
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Banks compete in similar lines of business, lending against commercial or residential property or (in the late 1970s) channelling money to developing nations.
Anti-Deficiency Statutes often only work for residential property, not commercial property or raw land.
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Peak Power Solutions sells or leases solar power systems for both residential and commercial properties throughout Southern California.
The others are a large single retailer or a mix of commercial, retail and residential use.
But since it's now illegal to squat in residential properties, empty or not, squatters have turned to London's disused commercial buildings, many of which have been left empty long-term.
The facility may be expanded over time and eligible asset classes may be expanded later to include other assets, such as commercial mortgage-backed securities, non-agency residential mortgage-backed securities or other asset classes.
As Gillon points out, however, commercial policies are a lot trickier than residential coverage in terms of what the insurers can or cannot do on behalf of insureds.
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In all, Sterling came to buy or develop 25.2 million square feet of commercial property, sixty-five thousand residential units, 8.7 million square feet of retail property, and sports complexes.
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