Tuesday, June 26, 2007

Centerline to start distressed debt fund

(Reuters) - For the past several years, commercial real estate investors have used as much cheap debt as they could to buy properties. Many of those loans made their way into pools of mortgages behind commercial mortgage-backed securities .




Last year, $202.7 billion of U.S. CMBS bonds were generated from commercial mortgage pools, according to Commercial Mortgage Alert, a trade paper.


Read more at Reuters.com Bonds News

No comments: