Hmm – anyone we know in real estate who has to come up with cash?

Corporate debt has become rare and expensive and for those with bad credit, impossible to find. Why risk money with corporations when the federal government’s guaranteeing what would otherwise be junk?

So, do we know of any take-over firm out there with atrocious credit that took over a big real estate conglomerate and must refinance it this year or die? Why yes, I believe we do, but my colleagues who work for that conglomerate get miffed when I mention their parent’s dire straits. So we won’t. But let’s watch what happens.

1 Comment

Filed under Uncategorized

One response to “Hmm – anyone we know in real estate who has to come up with cash?

  1. fred

    there are more