| 12.06.2009 - Citi forsees $300bln of commercial debt defaults |
| From Privateequityrealestate.net: Roger Orf, president and chief executive officer at Citi Property Investors said: Europe today that $300 billion of commercial mortgages could default. Most of the debt, he said at the conference in London, had been originated during the 2006 and 2007 vintages at the height of the investment market........Full Article: Source |