Bloomberg is reporting that Barclays has joined the chorus warning the financial world about the weakening commercial mortgage bond market. The analyst is different but the narrative is the same; commercial mortgage delinquencies will rise, defaults will rise, foreclosures will rise, property values will fall, the economy will get worse causing more delinquencies, defaults and foreclosure…
Braclays is a little late to the pity party but misery loves company and they don’t call it “conventional wisdom” for nothing.
MasterPlan Capital is still in the game making deals and closing loans.
Our simple, 1 page commercial mortgage application is easy to complete and we respond the very next business day.
Tags: Barclays, Bloomberg, commercial mortgage, mortgage crisis
