Real Estate Leaders Bank on a Sunny Spring (The New York Sun) (Commercial real estate)

Leading voices in the real estate industry say they hope that the arrival of spring will inspire a change in the glum perspective of owners, investors, and lenders on the state of the commercial real estate market. “The national economy is the strongest business and financial market the world has ever seen, and New York City is the nation’s strongest business and financial market,” a managing … Read More

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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