That is a big number. It is more than twice the size of the NYC police force, it is twice the size of the county's population where I grew up, it is roughly the number of rockets Hezbollah has stockpiled according to its enemy Israel...
And, according to Mark Heschmeyer, it is the number CRE properties in distress within the US. You should read his article for the details, his articles are extremely well done in general, and it is hard to summarize his conclusions better than he does it himself.
UPDATE: I corrected my poor grammar and spelling errors - another reason to read the original article and not my summary.
On cue, apartment rents fall as year-end approaches
36 minutes ago
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