Risky Practices Lead to Another Real Estate Bust
The real estate industry has taken a beating in the home mortgage market, but what has not been discussed as often is the commercial lending side of this business. Just like with sub-prime mortgages for aspiring home owners, lenders have involved themselves in risky deals in commercial real estate, and commercial real estate has been thrashed in recent past years, too. These practices have left a lot of distressed commercial mortgages around the country.