Capmark Financial, a Top-Tier Commercial Real Estate Lender, Seeks Bankruptcy
Posted on October 24th, 2009 in Economy | Comments Off
Commercial real estate continues to show signs of extreme stress. Please consider Capmark Said Ready to File for Bankruptcy. Capmark Financial Group Inc., one of the nation’s largest commercial-real-estate lenders, plans to file for bankruptcy as soon as this weekend, a person familiar with the situation said. The much-expected move underscores the deep problems in the business-property market. After suffering from the collapse in residential mortgages, U.S. banks face steep losses from …
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Capmark Financial, a Top-Tier Commercial Real Estate Lender, Seeks Bankruptcy