Commercial Values Heading South

Wall Street data shows that commercial property loans are going bad at an alarming rate, threatening to cause billions of dollars in additional losses to banks. Since September, the delinquency rate on nearly $700 billion in securitized loans backed by commercial real estate has more than doubled to 1.8 percent. Foresight Analytics projects that America's banking sector could suffer as much as $250 billion in commercial property losses in this downturn, with more than 700 banks at risk of failure because of their exposure to the sector
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