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US urban markets could take until 2017 to recover, warns expert

Posted on 25 June 2009

From Birminghampost.net: The US urban commercial real estate markets probably will not recover until 2017, the head analyst of commercial mortgages for Deutsche Bank Securities has said.

“The froth is still working itself out,” said Richard Parkus, Deutsche Bank head of Commercial Mortgage-backed securities…….Full Article: Source


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