TITLE

Fitch Cites Commercial Property Risks

AUTHOR(S)
Seymour, Dan
PUB. DATE
August 2010
SOURCE
Bond Buyer;8/4/2010, Vol. 373 Issue 33361, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a survey by Fitch Ratings Ltd. which revealed that the special tax assessment and tax increment financing bonds accrued from regions in the U.S. which are prone to property bubbles and busts are more vulnerable to the straining commercial real estate market. It notes that the cash flows backed by municipal security structures are threatened as the property sector suffers from fluctuating real estate values. Fitch has created a matrix to quantify financial risks.
ACCESSION #
52841090

 

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