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Reserve System. Any errors or omissions are the responsibility of the authors. Defaults and Losses on Commercial Real Estate Bonds during the Great Depression Era

By Tyler Wiggers and Adam B. AshcraftTyler Wiggers and Adam B. Ashcraft


This paper presents preliminary findings and is being distributed to economists and other interested readers solely to stimulate discussion and elicit comments. The views expressed in this paper are those of the authors and are not necessarily reflective of views at the Federal Reserve Bank of New York or the Federa

Topics: Key words, Great Depression, CMBS market, default and loss study, commercial real estate
Year: 2012
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