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Loan Modification

: Mortgage Lender Implode-o-Meter

Parkmerced in default

By Implode-Explode Heavy Industries

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The commercial real estate meltdown has caught up with one of the largest apartment complexes in the country -- San Francisco's Parkmerced. The complex's owner is due to announce that the loan on the property is in default."

Full post as published by Mortgage Lender Implode-o-Meter on May 26, 2010 (boomark / email).

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