Mortgage Investor JER Files for Bankruptcy, Is Latest Property Firm to Crash - The Great Awakening

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Mortgage Investor JER Files for Bankruptcy, Is Latest Property Firm to Crash (finance.yahoo.com)

posted 1 year ago by sacip 1 year ago by sacip +43 / -0

Mortgage Investor JER Files for Bankruptcy, Is Latest Property Firm to Crash

(Bloomberg) -- JER Investors Trust Inc., a mortgage REIT, filed for bankruptcy in the latest sign of distress in commercial real estate.Most Read from BloombergPutin Forced to Relocate Ships in Crimea After Ukraine StrikesPutin Shames Gilded Elite After ‘A...

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– Revodude 5 points 1 year ago +6 / -1

So much of the commercial real estate is vacant. Especially in the cities.

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