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First Case Of Predatory Lending In Commercial Real Estate?

First Posted: 6/15/09 Updated: 5/25/11

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businessinsider.com:

Is this the first official allegation of predatory lending in the commercial real estate space?

A reader passes on a recently filed lawsuit brought by a Long Island retail outlet developer against the institutions that loaned him money. Among the defendants: LaSalle Bank, Wells Fargo and Principal Life Insurance Company (uh-oh).

Read the whole story: businessinsider.com

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Is this the first official allegation of predatory lending in the commercial real estate space? A reader passes on a recently filed lawsuit brought by a Long Island retail outlet developer against ...
Is this the first official allegation of predatory lending in the commercial real estate space? A reader passes on a recently filed lawsuit brought by a Long Island retail outlet developer against ...
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Filed by Ryan McCarthy  | 

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