7 min listen
$55M Mall Foreclosure Sale: Commercial Mortgage-Backed Securities (CMBS) Will Tank [Pension Alert]
$55M Mall Foreclosure Sale: Commercial Mortgage-Backed Securities (CMBS) Will Tank [Pension Alert]
ratings:
Length:
8 minutes
Released:
Nov 23, 2021
Format:
Podcast episode
Description
Everybody will be a pro in Commecial Mortgage-Backed Securities (CMBS) by January 2022. In the recent Montgomery Mall foreclosure sale, the mall had lost roughly 70% of its value from 2014 and nearly 5% from its appraisal eight weeks ago. This is just one example of commercial real estate going bad and pensions are loaded with it.
Article:
https://www.bizjournals.com/philadelphia/news/2021/11/20/montgomery-mall-sold-foreclosure-sale.html
Watch the video on YouTube:
https://www.youtube.com/watch?v=Px896AtpGFc
Subscribe to #NinjaNation at
https://economicninja.org
Article:
https://www.bizjournals.com/philadelphia/news/2021/11/20/montgomery-mall-sold-foreclosure-sale.html
Watch the video on YouTube:
https://www.youtube.com/watch?v=Px896AtpGFc
Subscribe to #NinjaNation at
https://economicninja.org
Released:
Nov 23, 2021
Format:
Podcast episode
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