Of $1.8B in CMBS loans due in July, only 52% got refinancing:

07/28/2009 | CRENews.com

The experience of commercial loan borrowers needing to refinance maturing loans in the current tight debt conditions is fairly dismal but relatively stable, based upon an analysis by Barclays Capital. A total of $1.8 billion CMBS loans came due in July, and 52% of them were refinanced. The overall average for the year so far is 53%.

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