28.07.2009 - US aid may ease commercial real estate credit
From Cincinnati.com: Macroeconomic forces such as consumer spending declines and rising unemployment have pushed the commercial real estate market near its bottom. But the inability of developers to secure financing is keeping it there. Real estate professionals both nationally and locally are pushing for federal aid for the industry. If banks can unload the debt associated with struggling properties, then they are freed to loan to new projects, the experts say..........Full Article: Source
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