Hard Times Coming to Commercial Real Estate


The housing crisis is spreading unabated, and now it is soon to engulf commercial real estate. There has already been cracks in this market in widespread vacancy rates, and sky rocketing rate of interest. Banks are learning their lessons and crafting new strategy for commercial real estate. Here, is the news story.

http://www.nytimes.com/2009/09/02/business/economy/02office.html?scp=6&sq=&st=nyt

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