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Bad signs for commercial real estate (access required)

by Dani Grigg
Published: July 6,2009
Time posted: 1:00 am

There’s trouble brewing in commercial real estate.Here’s the situation:Say you bought a building for $1 million in 2005. At the time, you could get a loan for 75 percent of the value, so you paid $250,000 down and you owe $750,000.Now it’s 2010, and your loan is due. It’s time to refinance. You face two ...



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