European Banks to Sell Troubled CRE Loans

Banks in Europe will try to unload roughly 15 billion euros ($20 billion) of loans secured by commercial real estate in Europe through 2012 as they comply with tighter capital regulations, according to Situs Companies, a debt advisor.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_442/sell-troubled-cre-loans-1026757-1.html

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