 Property Week News | The Commercial Property Elephant in the Room Wall Street Journal There are €2.5 trillion ($3.24 trillion) of commercial real-estate loans outstanding in Europe, but up to €700 billion of this was funded by banks that are pulling out of this market and by the now largely defunct commercial mortgage-backed securities ... TEXT-S&P publishes European CMBS monthly bulletin for November 2012 Delinquencies Up, Special Servicing Down On CMBS Loans Tough two years ahead as 70% of CMBS loans go unpaid |
