commercial mortgage

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Commercial Real-Estate Loans Begin to Sour

Once a bright spot, commercial paper is looking grim

(Newser) - Commercial real estate is beginning to feel the same pinch as the housing market, with delinquency rates rising in the fourth quarter and forecasts that they could reach the highest point in more than a decade by the end of 2009, reports the Wall Street Journal. Both individual mortgages held...

As Bills Loom, Developers Cry Bailout

Some $530B in commercial mortgages will need refinancing—and credit is tight

(Newser) - Developers worried about the health of the commercial real estate market want a piece of the bailout action, the Wall Street Journal reports. They say $530 billion in commercial mortgages will be up for refinancing in the next 3 years, but credit “simply is not available.” Without government...

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