Unfinished Projects Vex Commercial Real Estate
******** IvyPlus April 13th Distressed Commercial Real Estate Event , http://bit.ly/cuJMct*******
InvestorCentric blog reports that
"$566 billion in commercial real-estate debt comes due in 2010 and 2011 and already 20% of construction loans are past due. A flood of commercial property defaults could significantly devalue commercial property and put banks in serious trouble." You can find more here, http://bit.ly/82AhMz
Meanwhile, Expected Reports says, "A lot has been made about the plight of commercial real estate. With prices off over 30% from peak levels, there’s not much to be optimistic about: commercial property sales are plummeting, and vacancies are rising along with unemployment. This does not bode well for future bank earnings. " You can find more here, http://bit.ly/4YoFRF
The WSJ reports that unfinished real estate projects will weigh on bank projects going forward, You can find more here, http://bit.ly/aeOAIm
Many of these topics will be covered at our April 13th Distressed Commercial Real Estate Summit. You can find more information below.
******** IvyPlus April 13th Distressed Commercial Real Estate Event , http://bit.ly/cuJMct*******
If you enjoyed this post, make sure you subscribe to my RSS feed!





