The Debt Market and You

Not everyone that deals in any way with commercial real estate understands exactly what is happening to the debt market in the United States today. In fact most people that I come across have very little idea of what the newspapers are talking about.

For most people, live goes on as usual. They cut a deal to buy a property, go to some lenders and get a loan. Even with lots of doom and gloom and gnashing of teeth in the air loans are, by and large, available for most people buying commercial real estate.

If you would like to get a basic education on the credit problems affecting Wall Street and scaring the bejabbers out of the rest of us today, look at a pretty good article to be found in the October 1st issue of the National Real Estate Investor that can be found at www.nreionline.com and read the article entitled “A CMBS and CDO Primer”.

After you read it and feel you now understand the national debt workings, call your local bank and get the loan you wanted before you read the article.

Let me know what you think about the debt market.

Tags: debt, lending