Commercial real estate bust looms

October 27, 2009

Commercial real estate bust looms

Owners of commercial properties — especially those that aren't generating cash — face a major squeeze when their loans come due in the next few years. Prices are down 35 percent from the peak, making it all but impossible to refinance some commercial properties.Amid the worst  housing crisis in decades, commercial real estate is shaping up as the second half of what some are calling a “double bubble.”  By msnbc.com's John W. Schoen.




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