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Real Estate Briefing - Categorized | Commercial property Watch, Finance, Market Moves, Mortgage more

Property bond sales may resume with $3 bln

Posted on 30 July 2009

From Bloomberg: Commercial property companies may sell about $3 billion of mortgage-backed bonds starting in September as part of the U.S. program to revive lending for shopping malls, skyscrapers and hotels.

More than a dozen real estate investment trusts are likely to participate in the Federal Reserve’s Term Asset-Backed Securities Loan Facility, or TALF, said Steven Wechsler, chief executive officer of the National Association of Real Estate Investment Trusts………Full Article: Source


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