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Troubled US commercial property loans seen doubling

Posted on 31 July 2009

From Reuters: The amount of troubled U.S.commercial real estate loans may double to $100 billion by year end as delinquencies rise and financing remains hard to find, Fitch Ratings said on Thursday.

Commercial real estate has emerged as one of the biggest threats to a rebound for financial institutions and the U.S. ecomomy, as falling revenue from office buildings, shopping centers and apartments reduce property values……….Full Article: Source


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