Commercial real estate players under more pressure

Commercial real estate companies, already under pressure as a result of the credit crunch, are facing even more pressure following the events of the past two weeks. Centro Properties Group, New York developer Macklowe Properties, office-building investor Broadway Real Estate Partners LLC and others are all facing increased pressure as a result of Lehman Brothers' bankruptcy filing, problems at American International Group and Bank of America's acquisition of Merrill Lynch.

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