$39 Billion Deal Gone Bad (interview)
MoneyShow.com reports: Forbes financial columnist and editor of the Forbes/Slatin Real Estate Report Peter Slatin looks at the repercussions of a $39 billion REIT deal that went bad. Slatin says we're just at the beginning of problems in the commercial real estate market. In the video, Slatin, who is also the Associate Publisher/Editorial Director of RCA's Capital Trends publications, offers a grim outlook for the industry noting that Real Capital Analytics has reported that there is $30 billion worth of troubled assets currently and another $80 billion in potentially troubled assets.
Slatin goes on to explain that he feels the problems being seen in the national commercial property market is just the tip of the iceberg.
View the full article on MoneyShow.com: $39 Billion Deal Gone Bad (interview)
Posted by: Matthew Stone