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Commercial Mortgage Defaults in U.S. Bank Portfolios Reach 3.4% (Bloomberg)
November 30, 2009 by admin · Leave a Comment
Dec. 1 (Bloomberg) — The commercial mortgage default rate on loans held by U.S. banks more than doubled to 3.4 percent in the third quarter as vacancies rose and rents declined, Real Estate Econometrics LLC said.
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Commercial Mortgage Defaults in U.S. Bank Portfolios Reach 3.4% (Bloomberg)