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Law Practice

Aug. 8, 2009

Crunch Looms For Commercial Real Estate Debt

A wave of looming maturities on securitized commercial real estate loans has California lawyers hard at work for borrowers who are having trouble refinancing their deals.

By Jason W. Armstrong Daily Journal Staff Writer

It's like a rising tidal wave about to crash down hard and fast. That's what attorneys say will happen when tens of billions of dollars in securitized commercial real estate loans mature over the next two years for projects battered by the economy.

Real estate lawyers are frantically trying to help their commercial clients rework securitized loans that cannot be paid off or refinanced in the face of ...

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