In an eye-opening article in the Wall Street Jornal today, the New York financial establishment is bracing for yet another hit of multibillion-dollar losses.
Apparently, the crisis that began with sub-prime mortgages is spreading like wildfire to other markets, as well:

High-risk loans used to finance corporate buyouts have plummeted in value.

Securities backed by commercial real […]

According to a recent column in The Motley Fool, foreign banks and insurance companies appear ready to pick up the commercial real estate lending business that Wall Street banks are beginning to leave on the table due to nervousness brought on by residential housing market problems. However, most developers now need to provide about 25 […]

Retail Traffic described Holliday Fenoglio Fowler L.P.’s third quarter conference call-during which execs from the CRE intermediary noted some strong fundamentals in the commercial sector-as an optimistic indicator for commercial real estate lending.
While the recent MIT TBI index showed a 2.5 percent drop in the value of commercial real estate debt in pension funds, there […]