Real estate blog entries tagged with commercial mortgage crisis by Bev Boeck (My Idaho Place Real Estate, Inc.)

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Home : Blogs : Bev Boeck : BevBoeck : Tag "commercial mortgage crisis"

commercial mortgage crisis: "Mortgage Meltdown"...Sound Familiar? This Time Commercial - 08/31/09 09:04 AM

In their article, "Commercial Real Estate Lurks as next Potential Mortgage Crisis," LingLing Wei and Peter Grant of Wall Street Journal online outline how this is happening. "CBMS" is an acronym for Commercial Backed Mortgage Securities, and a very telling line in the article, "...many property developers and investors complain there is no way to identify the investors that hold their debt and that it is difficult to negotiate with CMBS servicers." --Wow, "no way to identify" investors? "Difficult to negotiate...?" No...really?
You know how economic experts will tell you that if "they" are talking about trends such as the market … (5 comments)

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Bev Boeck

Eagle, ID

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My Idaho Place Real Estate, Inc.

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