Commercial Real Estate Default Rate Remains Low: But For How Long?
In this credit crisis we haven’t seen widespread commercial real estate foreclosures and default…so far. But that doesn’t mean the sector is impervious to distress. The Wall Street Journal reported: One sliver of the commercial-lending market — securitized mortgages — carries a delinquency rate of 0.54% representing $4.6 billion, according to credit-rating firm Realpoint LLC. Some analysts [...]
Wednesday, October 29, 2008
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