2/4/2009

Dr. Sam Chandan at Real Estate Economics is predicting that loan defaults will double in 2009. Chandan said he also expects commercial real estate loan defaults to reach a staggering 4.8% in 2011 before tapering off. "Unless commercial mortgage markets ease or additional sources of credit come to bear, the imbalance in the supply and demand for credit will result in a rising default rate," he said.

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