Analysts warn of foreclosure crisis in commercial real estate

02/19/2010 | Washington Post, The

Analysts said a wave of foreclosure on commercial properties likely will hit community banks especially hard. "There's been an enormous bubble in commercial real estate, and it has to come down," said Elizabeth Warren, chairwoman of the Congressional Oversight Panel. "There will be significant bankruptcies among developers and significant failures among community banks."

View Full Article in:

Washington Post, The

Published in Brief: