27.05.2010 - US commercial property in a slump

From Amsterdamnews.net: Concerns about prices of commercial property in the US have come about due to the default rate for commercial mortgages hitting a high level in the first quarter. Larger banks and smaller regional banks have released figures that show the default rate for bank-held commercial mortgages reached 4.17 percent in the first quarter, up from 3.83 percent in the fourth quarter 2009..............................................Full Article: Source

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