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  • Wilbur Ross: Commercial Real Estate Is Next (Manageable) Shoe to Drop [View article]
    Well, while I don't disagree that the CRE market is severely impacted, and that there are going to be a lot of BK properties......keep in mind that Wilbert is actively trying to buy these same properties at absolute rock bottom prices (and I don't blame him for that at all - its what should have happened with normal homes). So what he is really saying is that "hey, you think this is worth 50% of the previous deal, but my money says its worth 35%!!! - Sell it to me!!!"

    And could we come up with another phrase.....this shoe has supposedly been dropping on us for about 6 months now!!
    Nov 10 08:35 am |Rating: 0 0
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