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MrScott
Joined: 22 Aug 2005
Posts: 3
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 Posted: Fri Feb 23, 2007 7:18 am Post subject: Are commercial real estate prices destined for the same fate |
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| The CMBS market is paralyzed and the CMBX says prices will fall 23 percent over the next three years. There are a lot of interest only commercial real estate mortgages in CMBS portfolios and many will begin amortizing this year. If a recession is upon us and those borrowers can't meet their debt service requirements under the new amortization - it seems to me we have a repeat of what is happening in the subprime universe. |
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ill_c_u_deported
Joined: 28 Aug 2005
Posts: 7
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| Posted: Fri Mar 02, 2007 2:58 pm Post subject: Are commercial real estate prices destined for the same fate |
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| You have made a good point, as always.It does seem that the U.S. is headed down that road. |
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