The Next Ticking Bomb for Banks: Commercial Real Estate
By: Myles, January 7th, 2009
What appeared to be the worst possible case a few weeks or months ago, for many commercial real estate developers and owners, now appears to be the most likely and negative outcome; vacancy rates are rising sharply with effective rents falling, similarly, with financing options dwindling. Some predict 2009 to be the worst year since ‘91-’92. […]
Tags: commercial real estate


