While the recent news has revolved mainly around home foreclosures, the fact of the matter is that commercial real estate is starting to get hard-hit as well. Stock Market Funding reports the following:
[D]elinquencies on commercial mortgages packaged and sold as bonds, which represent nearly a third of the commercial real-estate debt market, nearly doubled during the past three months, to about 1.2%.
It is clear that landlords are starting to feel the pinch. Indeed, malls are becoming increasingly empty as tenants get harder to find. And, of course, this means bad news for investors as well.
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