Bad financial news extends into the commercial/retail world of lending too, as commercial mortgage backed securities delinquencies increase.

Quoted: Retail loans made p $4.8bn of delinquent loans as of July 31, while multi-family and office loans rose to $3.5bn and $2.3bn, respectively. Hotel loans accounted for $2.2bn in delinquencies, while industrial loans made up $510m of delinquencies. The multi-family segment alone bore a 5.03% delinquency rate, while hotels followed with 4.3%. Office properties seemed to far the best as of July, with only 1.54% delinquent.

Quoted: The company still hasn't moved into the 7.2-acre spread on Sixth Street, which was largely finished last summer. It's now planning to occupy just two of its three buildings when it moves its 500-plus engineers sometime next year from rented space in downtown Kirkland.

Some big retail development projects are stalling in the area. Among the most notable is the giant hole by Green Lake, long rumored to be a new site for a very welcome Metropolitan Market. Unfortunately, it seems that the lease situation with Metropolitan Market did not work out and the developer is busy trying to find a new anchor grocery store for the site before development continues.

With few grocery stores close by, one would think that a grocery chain like QFC or Metropolitan Market would jump at the chance to build in this affluent neighborhood. However, the location is prime and I bet the cost to lease such a large space would be astronomical

Quoted: We decipher the lingo surrounding credit problems.

Quoted: Everyone is in a wait-and-see mode. The national housing story is upstaging our local market story. The greater Seattle area has solid employment growth and net migration, unlike other major U.S cities. The foreclosure rate is up slightly, but not much as compared to the nation. Wage growth is healthy, interest rates are more than reasonable and prices are level. Sounds good right?

Quoted: Property managers are increasing rents (recent data from Dupre + Scott Apartment Advisors suggests that more than 80 percent of surveyed units plan rent increases), average rents have increased 26 percent since 2000 and the rental market appears to be in great shape

Quoted: BEIJING -- Airbus said it signed contracts Monday to sell 160 commercial passenger jets to China in a deal worth about $14.8 billion.

Seattle's commercial real estate market is still on fire, as international companies seek more office space.

I think this trend should continue for quite a while. Aside from our strong economy, Seattle also has a great geographical position with a large port for shipping and convenient access to overseas - particularly Asian - markets.

Quoted: Greater Seattle is luring investors with its growing population, its influential position within the Pacific Rim shipping network and the presence of corporate giants like Microsoft Corp. and Google Inc. Seattle’s investment activity is growing at an even faster clip than overall investment velocity was just a year ago. Through the third quarter of 2007, for example, industrial sales velocity in Seattle increased 76 percent over 2006 levels to $1.8 billion, according to Real Capital Analytics. Nationwide, industrial velocity grew at only a 15 percent rate during the same period.