Student Housing: A Tower of Strength
By Oliver Swan
The credit markets remain frozen. Real Estate Econometrics (REE) estimates that 2.88% of CRE loans were in default in the Q2 09, up 63bps from the first quarter. REE further estimates that the CRE default rate will exceed 5% in 2010 and expects maturities to peak at $1.6 billion in 2012.
Does [...]
