Again, Commercial Real Estate’s Demise …
By: Myles, May 31st, 2009
When Time Magazine gets around to writing about it, you know it must be true (or old news).
From our perspective, unfortunately, the toothpaste has been out of the tube for quite some time. As such, read Stephen Gandel’s article Commercial Real Estate — the Economy’s Anvil.
Many argue the impact of the commercial real market collapse. Some say the exposure is upwards of $1 Trillion dollars in bad loans.
Here at MarylandCommercialTitle.com we have been documenting this phenomena for quite some time. No need to reiterate the details, but just thought — in terms of your planning — you should know that the CRE demise is mainstream and for real.
Tags: commercial mortgages
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