With Unemployment over 10% Commercial Real Estate concerns are mounting. In Northern Virginia, the Northern Virginia Commercial Real Estate Market sees rents down, and vacancies up. This is happening throughout the United States, not just in Northern Virginia.
Marissa Manley of Commercial Tenant Real Estate Rep, Carl Schwartz of Herrick Feinstein, and Diana O’lick of CNBC [...]
CAPMARK FINANCIAL GROUP – CAPMARK Financial Group files for Chapter 11 Bankruptcy. CAPMARK is a commercial real estate finance company that operates three core businesses. Lending & Mortgage Banking, Investments & Funds Management, and Servicing. CAPCOM reported its some 21 Billion Dollars in Debt.
Capmark Financial Group Inc. Seeks to Restructure Balance Sheet Through Chapter 11 [...]