>> If it does go bankrupt, they will have to sell their commercial properties into an illiquid market which should drop prices considerably.
Maybe not. Bond holders usually take ownership, and the company is then operated for their benefit. Many times such real-estate bankruptcies are a boon for bond-holders. Look at K-mart. The company went bk, but the land and buildings made 15x profit for the new owners.
Market Data 
Markets 
AI
