The majority of the loans are secured by apartment complexes and hotels built during the last five years as more than 200 oilfield - service firms moved into the town, according to Richard Hill, a real estate debt analyst at Morgan Stanley. (bloomberg.com)
Property owners «are taking advantage of sky - high prices on the best assets,» said Lisa Pendergast, a real estate debt analyst at Jefferies LLC. (bloomberg.com)
It then explained its view on how debt analysts should pursue their profession: «Credit rating decisions should be based on objective data, policymakers» announcements and realistic assessments of the conditions facing an economy. (canadianbusiness.com)