We have been hearing analysts warn for months about a crash in commercial real estate.. this crash could bring the next “financial tsunami”… Vacancy rates are already hurting landlords… tenants walking away… bankruptcies… oy vey!

(Source: Daily Finance)

In the midst of rapidly falling commercial real estate values, one of the country’s largest real estate lenders, Capmark, will probably file for bankruptcy in the next few days according to The Wall Street Journal. The paper writes “In 2006, a group led by KKR & Co., Goldman Sachs Capital Partners and Five Mile Capital Partners acquired the lender GMAC LLC’s commercial-real estate business and renamed it Capmark.”

Read Douglas McIntyre’s full article “Huge commercial real estate lender may file bankruptcy, heighten meltdown fears” in the Daily Finance (October 25, 2009).

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