All Posts Tagged With: "shopping centers"

Life Insurance Companies and Bankrupt Shopping Center Developers: Chapter 2 Begins

I’ve written several times in the recent past about the involvement of life insurance companies in shopping center financing. Whereas there has been great attention paid in the press to the difficulties of the automobile companies, of the banks, and of AIG, not much has been said about the exposure of many life insurance companies to the adverse conditions of the credit and commercial real estate markets. That may be the case because, in the public’s mind, and in that of financial reporters, the connection between life insurance companies and the real estate industry is not immediately obvious. Yet, the…

18Apr2009 | William Kurtz | 0 comments | Continued

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