Bargain hunters are getting deals of up to 70 percent, a sign of the pain in the commercial property market that could lead to large losses for banks and investors in real-estate-backed loans. By Matthew Goldstein from NYT Business… Read more.
NEW YORK TIMES: Buyers Snap Up Aging and Empty Office Buildings for Deep Discounts
Bargain hunters are getting deals of up to 70 percent, a sign of the pain in the commercial property market that could lead to large losses for banks and investors in real-estate-backed loans. By Matthew Goldstein from NYT Business… Read more.