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  • The Coming Depression in Commercial Real Estate [View article]
    Nice article. "Maturity default rather than term default is top risk, as refinancings will require more equity." Perhaps this is the key...rising debt-to-equity ratios mean that many are undercapitalized, and this will require a fall-out to clean house.
    Apr 27 12:01 pm |Rating: +1 0 |Link to Comment
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