WSJ Video Highlights $1.4 Trillion Debt Subject
August 25, 2010
As people within the commercial real estate industry are well aware, there is roughly $1.4 trillion worth of commercial real estate loans that are due to be paid in full by the end of 2014. A majority of these loans are associated with properties that are underwater and, as such, many commercial real estate owners and developers are choosing to default on their debts rather than paying for assets that are worth less than their loans.
We would like to share this news video recently produced by the Wall Street Journal on this important issue, and invite you to contact the Carlton Exchange to advise you on the selling and buying of non-performing loans and REO assets. Carlton has been in the sealed bid, oral auction and REO auction business since 1991 and, during this time, has successfully auctioned and sold thousands of properties and loans valued at more than $20 billion.
Through the Carlton Exchange website (http://www.carltonexchange), our advisors specialize in the due diligence, marketing and sale of performing, sub-performing, and nonperforming residential, commercial, and consumer loan asset sales. Our clients include investment banks, national and regional commercial banks, mortgage companies, hedge funds, Freddie Mac, insurance companies and various finance companies.
We look forward to working with you.
