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Office Loans Jacking Up CMBS Defaults - CoStar Group
Retail Loans Make Up the Second-Largest Components of Default
Jersey City Development in its final phase
By CHARLES V. BAGLI Published: April 30, 2012 NY TIMES
In 1981, the developer Richard S. LeFrak got a call from his father, who was exploring a broad swath of land in Jersey City. “You’d better come over and look at this,” Samuel J. LeFrak told his son. It was a rusting railroad yard and some sagging warehouses on the decaying west bank of the Hudson River. The LeFraks started building there in 1986. Click below to Continue Reading
Monday, April 30, 2012
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