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CRE & CMBS on the rocks …

By: Myles, May 11th, 2009

Commercial real estate powerhouse RealPoint has downgraded several hundred deals and CMBS classes  …. Beware!Realpoint CMBS

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RealPoint also provides a comprehensive April CMBS delinquency report. A must read. Most notable is the explosion in 90+ day delinquencies for March 2009 relative to April 2009.

In fact the deterioration is accelerating across all metrics: no second derivative green shoots anywhere in sight in CRE land.

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One Response to “CRE & CMBS on the rocks …”

  1. Knobeln Says:

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