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COMMERCIAL ISSUES

COMMERCIAL ISSUES
This good news travelled fast!
Developers Diversified Realty, an Ohio shopping mall owner, on Monday sold the first commercial mortgage! bonds u nder a government scheme to boost lending to the troubled sector. The deal drew strong demand and came at low yields, which bodes well for the availability of new loans for commercial property. But investors and analysts stressed that existing mortgages from the boom years remain a problem. Read more...
http://www.realtor.org/narlservredirect.nsf/pages/NT00001526?OpenDocument&WT.mc_id=LS112509&CAT=Comm

Posted by Commercial Appraiser on November 27, 2009 12:18 PM |

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