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Forecasts

Feb. 17, 2010

Distress Seeps into Los Angeles' Massive Industrial Market

By KEELEY WEBSTER CREJ Staff Writer California is the No. 1 state for delinquent commercial mortgage-backed securities, with 12 percent of the national total, and Los Angeles has the largest share of delinquent CMBS loans in the state.

By KEELEY WEBSTER

CREJ Staff Writer

California is the No. 1 state for delinquent commercial mortgage-backed securities, with 12 percent of the national total, and Los Angeles has the largest share of delinquent CMBS loans in the state.

Industrial product largely has fared better than other property types in managing distress in the marketplace. But based on the latest statistics from Realpoint, the level of distress in the industrial sect...

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