Approximately $362 billion of commercial real estate debt will mature in 2012, and approximately $1.73 trillion (about the size of California’s economy) over the next 5 years, through 2016.  How the market will address this tremendous demand remains to be seen, especially in light of the fact that about two-thirds of these maturing loans are under water.  Many banks remain concerned about their balance sheets and limiting their commercial real estate exposure, and the ... Read more