Life insurance companies take advantage of commercial mortgage market
On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Commercial Real Estate on Oct 24, 2011.
A recent article in the New York Times pointed out that, in the midst of a volatile commercial mortgage market, life insurance companies are increasingly becoming lenders in the area. Data from the second quarter of 2011 shows that the life insurance industry underwrote a total of $15.7 billion new commercial mortgages.
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