BoA Walking Away From Bubble?

Property Grunt is reporting that Bank of America has ceased lending to real-estate limited-liability corporations. As the Grunt notes, L.L.C.’s are get-out-of-jail cards for real-estate types, allowing them to walk away if the market (or the project) collapses. Could BoA be gettting antsy with the (alleged) bubble? While this rumor is unconfirmed, we’ve a call out to the folks at BoA to get their take on it. We’ll keep you informed.

-Matthew Grace