Pickle Real Estate

Reading Between the Head-Lines

Commercial real estate heading South

2008-12-08 — ml-implode.com

The default rate on commercial mortgage debt has remained near historic lows, even while residential-related debt suffered a severe downturn.

But that is now beginning to change, sending new shock waves into much-battered banks, private-equity funds and other financial institutions that participate in the $1 trillion commercial real-estate debt market.

Full Article Here


December 11, 2008 Posted by | Foreclosure, Lending | 1 Comment

   

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