| 24.07.2009 - Distressed commercial property market heating up |
| From Theepochtimes.com: The real estate market is gearing up for a deluge of distressed commercial properties. Slower than residential to reach a critical point due to their income-producing and multi-tenanted nature, the commercial real estate market took longer to sour. Many properties are due for refinancing as the mortgages are shorter-term—5 to 10 years, as opposed to the typical 30-year residential loan...........Full Article: Source |