Susan Wachter of the Wharton School comments on borrowers being extended the same options that they have been given in the past.
PHILADELPHIA – A report from the Fels Institute of Government at the University of Pennsylvania details the ways reclamation and redevelopment of vacant property have improved residents’ quality of life in eastern North Philadelphia. The report, “Neighborhood Stabilization and Safety in East North Philadelphia,” highlights how comprehensive strategic investment by local community developers and public agencies correlates with improvements in safety, rising incomes and an attraction of new working households.
David Skeel of the Law School comments on state bankruptcy.
Susan Wachter of the Wharton School comments on the effects of lender renegotiations in commercial real estate.