Articles About Peter Cosmetatos
- Author:
- Sam Gould
- Posted:
- 07.30.2009
Bad Debt? Sell It on the Stock Market
To purge their balance sheets of debt and avoid future writedowns, more and more U.K. banks are considering plans to transfer commercial property loans into REITs. Such strategies entail using REITs as publicly traded “exit vehicles” to limit the losses they and their borrowers face. The British Property Federation is currently pushing the idea to […]