Articles About Distressed Property
- Author:
- James I. Clark III
- Posted:
- 09.30.2009
Treasury Rolls Out Tax Code Change That Favors CMBS Borrowers
The Treasury Department has issued new tax rules that make it easier for commercial real estate owners to restructure loans on distressed properties that were package by Wall Street and sold as CMBS. The real estate industry, which lobbied hard for the changed rules, were generally happy but wary that it could open a can […]