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


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December 11, 2008 - Posted by | Foreclosure, Lending

1 Comment »

  1. Defualt rates have actually only gone uo .06% as of the 3rd quater 2008, per the mortgage bankers associations report.

    Comment by commercial finance advisors | December 13, 2008 | Reply


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