21.09.2011 - Real-estate financing is hard to find in Europe
Battered by the sovereign-debt crisis, European lenders are losing their taste for commercial-property loans, causing some investors to scramble for unusual alternatives. French and German banks, the Continent's primary real-estate lenders, already have exposure to Greece and other troubled government debt. They have cut down substantially on providing new loans, say investors. Europe's limited securitization market, which never recovered from the downturn, has offered little help..............................................Full Article: Source
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