We're all so busy talking about the housingfinancialdeflationcreditinsertsectorhere CRISIS, commercial real estate has gotten no love.

Commercial Delinquencies to Spike:

Payments more than 60 days late on commercial real estate loans that were bundled together and sold as bonds increased to 0.69 percent last month, compared with 0.57 percent in October and 0.51 percent in September, Barclays data show

Retailers top the list of those businesses who cannot make the payments.

It's also noted Commercial Mortgages are a lagging indicator and follow unemployment increases.

Imagine that, business infrastructure affected by unemployment.

Workers get a notice.