Friday, September 14, 2007
Source: ft.com
Real estate investors made the most of a revenue generating market for commercial mortgage-backed securities. Debt at times tops 90 percent of a deal's value when lenient lending standards for the loans in private equity industry have underpinned inexpensive financing on transactions. Now the steady market has allowed private buyers aggressive debt structure to contend for expensive properties. Deals under the called off contracts which were delayed has spiked. Recent purchases have given rise to the borrowers in the commercial mortgages to about 6.3 percent from 5.5 percent. While major companies flipped the assets just in time more than fifty billion dollars of deals still stay with the real estate industry's pipeline
posted by nisha
@ 12:16 AM
permanent link | Post a Comment |
0 Comments:
Post a Comment
<< Home