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Commercial real estate losses threaten banks     11-Aug-09 02:37 pm    
"Owners of shopping malls, hotels and offices have been defaulting on their loans at an alarming rate, and the commercial real estate market isn't expected to hit bottom for three more years, industry experts have warned. Delinquency rates on commercial loans have doubled in the past year to 7 percent as more companies downsize and retailers close their doors, according to the Federal Reserve."

For the rest of the article, see: http://finance.yahoo.com/news/Watchdog-s...
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LoopNet, Inc. (LOOP)

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