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Link to Videos

Congresswoman Carolyn B. Maloney, Chair of the Joint Economic Committee (JEC) in a hearing entitled, “Commercial Real Estate: Do Rising Defaults Pose Systemic Threat?” examined the growing financing problems faced in the commercial real estate market and potential solutions to the credit crisis in the sector.

The commercial real estate market has been severely stressed by the recession with rising vacancy rates for existing office, industrial, and retail properties and falling prices in the commercial real estate market. Experts will testify about the current difficulties in refinancing existing commercial real estate loans due to the reduced availability of credit and disruptions in the secondary market.

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