0 minute readIndustrial & Commercial Bank of China (ICBC) is planning to enter the US commercial real estate lending market, offering loans of more than $100m to commercial clients. In making the move, ICBC, which is 70% owned by the Chinese government, is betting that property values in the U.S. have fallen to levels that now make lending against property less risky.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
