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Cracks Emerging in Commercial Real Estate Market
2016-03-05 11:07:21| Real Estate - Topix.net
The market for commercial mortgage bonds has weakened significantly since the beginning of the year, raising questions about the ability of borrowers in certain parts of the country to refinance billions of dollars of maturing loans on office buildings, hotels and shopping centers. While securitization accounts for between 20% and 25% of all commercial real estate lending, or roughly $100 billion a year, properties in secondary and tertiary markets are largely dependent on it for financing.
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Category:Real Estate