Bankruptcy seemed to be the inevitable solution to Capmark's large investment in commercial real estate mortgages. Capmark listed more than $20 Billion in assets and more than $21 Billion in liabilities. While in Bankruptcy, Capmark will finalize its existing deal with Berkshire Hathaway (think: Warren Buffet) to purchase its commercial loan servicing and mortgage business [talk about a significant note purchase!] for $490 Million.
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