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A US$90b debt wave shows cracks in US property boom

Delinquency rate for commercial mortgages packaged into bonds expected to rise to 5.75% in 2017

New York

A US$90 BILLION wave of maturing commercial mortgages, leftover debt from the 2007 lending boom, is laying bare the weak links in the US real estate market.

It's getting harder for landlords who rely on borrowed cash to find new loans to pay off the old ones, leading to...

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