Monday, December 1, 2008

Commercial loan "nightmare" projected for 2009-JPMorgan

http://www.reuters.com/article/marketsNews/idUSN0150243220081201?rpc=77&industry=IND_REAL_ESTATE&isub=


Risky terms, will most likely see a significant increase in defaults in 2009 due to lack of credit, falling property values and reduced cash flow, Commercial real estate is will se problems in the near future due to the economy...

1 comment:

Anonymous said...

I do not think this article is surprising. It only figures to me that with consumers defaulting, paybacks on commercial loans will become more and more difficult as th new year approaches. This article was a good read though.