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EPISODE · Nov 23, 2021 · 8 MIN
$55M Mall Foreclosure Sale: Commercial Mortgage-Backed Securities (CMBS) Will Tank [Pension Alert]
from The Economic Ninja · host The Economic Ninja
Everybody will be a pro in Commecial Mortgage-Backed Securities (CMBS) by January 2022. In the recent Montgomery Mall foreclosure sale, the mall had lost roughly 70% of its value from 2014 and nearly 5% from its appraisal eight weeks ago. This is just one example of commercial real estate going bad and pensions are loaded with it. Article: https://www.bizjournals.com/philadelphia/news/2021/11/20/montgomery-mall-sold-foreclosure-sale.html Watch the video on YouTube: https://www.youtube.com/watch?v=Px896AtpGFc Subscribe to #NinjaNation at https://economicninja.org
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$55M Mall Foreclosure Sale: Commercial Mortgage-Backed Securities (CMBS) Will Tank [Pension Alert]
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