Capmark Financial Group files for bankruptcy protection amid mounting - The Gaea Times
CHICAGO — Capmark Financial Group, one of the nation’s largest commercial real estate lenders, has filed for bankruptcy protection amid mounting bad debt. Capmark has been hurt by rising losses on mortgage loans, and has had to foreclose on
More local hotel owners fighting for survival - sign on sandiego.com
By all accounts, this year has been miserable for struggling hotels as travelers clamped down on discretionary spending, sending revenue spiraling to a decade low. Making matters worse, hotel values have plunged, leading to a mushrooming number of
Capmark Financial Group files for bankruptcy protection amid mounting - The Gaea Times
CHICAGO — Capmark Financial Group, one of the nation’s largest commercial real estate lenders, has filed for bankruptcy protection amid mounting bad debt. Capmark has been hurt by rising losses on mortgage loans, and has had to foreclose on
More local hotel owners fighting for survival - sign on sandiego.com
By all accounts, this year has been miserable for struggling hotels as travelers clamped down on discretionary spending, sending revenue spiraling to a decade low. Making matters worse, hotel values have plunged, leading to a mushrooming number of