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IPFS News Link • Economy - Economics USA

One Slice Of Commercial Real Estate Signals The Upcoming Slaughter

05-25-2010 • Businessinsider.com/

Apartment building loans are experiencing soaring default rates, in what could be a signal of things to come for the broader commercial real estate sector. The default rate for apartment building mortgages held by banks soared to 4.6% in Q1, which is nearly twice what it was in Q1 of 2009.

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Reported By Jack Gregson

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