- Published at
- by investing.com
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JER Investors Trust Inc. Files for Bankruptcy Amid Commercial Real Estate Crisis By Quiver Quantitative
JER Investors Trust Inc. Files for Bankruptcy Amid Commercial Real Estate Crisis
News for JER Investors Trust Inc. (JERT)
- Published at
- by americanbanker.com
negativenegativeMortgage investor JER files for bankruptcy, is latest property firm to crash
The real estate investment trust — which counts the private equity firm C-III Capital Partners among its top shareholders — owes more than $100 million to creditors but has less than $50 million of assets, according to a Chapter 11 petition.- Published at
- by finance.yahoo.com
negativenegativeMortgage Investor JER Files for Bankruptcy, Is Latest Property Firm to Crash
(Bloomberg) -- JER Investors Trust Inc., a mortgage REIT, filed for bankruptcy in the latest sign of distress in commercial real estate.Most Read from BloombergPutin Shames Gilded Elite After ‘Almost Naked’ Party ScandalS&P 500 Bulls Drive Longest Weekly Win Since 2004: Markets WrapPutin Forced to Relocate Ships in Crimea After Ukraine StrikesDecade-Long S&P 500 Bull Surge Is Running Into a Valuation WallHistorians Need a Reality Check on the Great DepressionThe real estate investment trust — wh