Expert Analyses of the following article:
Commercial-Property Players Find Their Pressures Growing
Source: online.wsj.com
September 29, 2008How good properties go bad...its the financing stupid.
Author: Robert Canter, President-Founder, Performance Realty Solutions, LLC
With the current financial problems causing havoc in all sectors of the economy its easy to point fingers at the world of real estate, both residential and commercial. The real problem all started with overly aggressive financing which unfortunately, as we are witnessing, can turn good real estate in bad real estate. When multiple billions of dollars of commercial real estate are traded and the underlying...
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