COMMERCIAL REAL ESTATE: THE NEXT BIG THING

MARKET WATCH--Executives from GE Capital, a unit of General Electric Co., said on Tuesday that the company expects to have about $7 billion in unrealized losses in the battered commercial real estate sector. The executives, speaking at an annual investor day for the unit, said that the decline in real estate values has also driven down the value of its collateral for commercial real estate loans, lifting impairments on loans above previous expectations for 2009. The company said it expects continued trouble in the sector in 2010, and expects commercial real estate values to fall 13% next year