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Real Estate/Development

Jul. 28, 2011

Receiverships become the 'new hospice' after commercial meltdown

Know the telltale symptoms that identify which cases are ripe for receiverships. By Gordon L. Gerson of Gerson Law Firm APC


By Gordon L. Gerson


Two plus years after the commercial meltdown we have dueling headlines - like dueling pianos - about the recovery in commercial real estate versus the increasing number of commercial defaults ahead, especially given the staggering number of commercial mortgage-backed security loans to mature in the coming years.


What does this mean for the receivership industry? Conventional wisdom suggests a lot more ahead.


By now, most ...

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