NEW YORK CITY-Cantor Fitzgerald, a New York-based firm, and CIM Group, a Los Angeles-based real-estate fund manager, have formed a joint venture to make nearly $5 billion in loans for commercial properties. These commercial-property loans will then be sold off as bonds. Since experiencing a fall of over 40% in 2007, commercial property values have begun to stabilize as of late. As a result, many investors are beginning to show interest in investing in commercial real estate debt.For the full story, go to Wall Street Journal.
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