17.11.2010 - Commercial real estate (CRE): The slow-mo cliff-dive gathers speed
From Benzinga.com: Commercial real estate is in a structural cliff-dive, currently in slow-motion but soon to gather momentum. With all the hub-bub about the foreclosure crisis in residential real estate, commercial real estate (CRE) has fallen off the radar screen of crises. Don't worry, it's still careening off the cliff; the fall is just in slow motion. No need for a fancy report to see the signs of decay in CRE. Signs of the ongoing CRE meltdown are everywhere--empty storefronts, mall shops and vacant office complexes abound..............................................Full Article: Source
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