CMBS Delinquencies Surge In September ‘09
By: Myles, October 14th, 2009
Tea Leaves: The WSJ reports today that delinquencies among U.S. commercial mortgage-backed securities (cmbs) surged to by a record amount in September 2009, according to Moody’s Investors Service, highlighing the ongoing trials and tribulations of the commercial real-estate market.
Occupancy rates and rents are falling, which, coupled with an inability to refinance debt, is resulting in an […]
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