The End of extend and Pretend.

The article explores issues facing the commercial real estate industry in the U.S. as loan extensions, stimulus spending and lower interest rates come to an end. An analysis by Keefe, Bruyette & Woods Inc. reveal that the crisis will have an impact on each real estate category such as lower-quality office buildings and a decline in commercial real estate values. Consequences when investors remove their money from real estate investing vehicles include bank insolvency or consolidation.