Wachovia: We Do Not Expect (Commercial real estate) A Sequel To Housing Collapse (Nasdaq)
March 12, 2008 · Print This Article
(RTTNews) - Wednesday, Wachovia analysts remarked that the abrupt collapse of the subprime mortgage market and severe correction in home construction and prices has raised concerns the same thing could happen to commercial real estate. Read More
Investment in big US property projects is “waning” amid a broadening credit crunch and the record price tags won for some commercial real estate deals in 2007 are unlikely to be repeated this year, a survey said Wednesday. Read More
The front page of the Wall Street Journal this morning had some rare good real estate news , however reserved: Even optimistic commercial-property developers are stacking sandbags to hold back a financial deluge in the market for office towers, hotels, shopping malls and other commercial real estate. read more » Read More




Comments
Got something to say?
You must be logged in to post a comment.