Investment in US commercial (Commercial real estate) real estate ‘waning’: NAR (AFP via Yahoo! News)
March 13, 2008 · Print This Article
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
A high-end office complex near Scottsdale Fashion Square has sold for $172.7 million, or about $380 per square foot, in one of the most expensive commercial real-estate transactions in the Valley. Read More




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