Fear and Hoping in Commercial Real Estate
Real Estate News From CoStar Group
Hope and fear are overlapping in the commercial real estate industry on this eve of a new decade. The industry doesn't know whether to look out for it or look forward to it.
On the one hand, the industry is grateful that 2009 is coming at long last...
Source: National Commercial Real Estate News From CoStar Group
Commercial Real Estate Losses Could Hit $300 Billion
Losses from defaults on commercial real estate loans maturing in the next few years could go as high as $300 billion, threatening to topple nearly 3,000 community banks nationwide, a federal watchdog group has concluded. Ref. Source 8