The Wall Street Journal reported this week that the largest sale of FDIC commercial mortgages will be taking bids through this Friday.  The bulk of the assets will include some of the highest profile unfinished condo projects in the country.  These commercial loans were at one point worth $5 billion but are now expected to [...]

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Bloomberg reported last week that a survey of property investors indicates that the majority of them don’t expect the commercial real estate market to recover until 2012.  The coincides with the time that the last of the commercial mortgages funded between 2005-2007 with 5 year maturity dates are set to mature.  It seems to me [...]

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