| From Reuters: Real Estate mogul Sam Zell said he expects little U.S. commercial real estate construction, except for apartment houses, over the next one to three years, restricting supply and improving the value of existing properties.
"We're now approaching three and a half years of no development, and I see little prospect for new supply over the next 12 to 36 months except multifamily," Zell told investors and experts at the Argyle Executive Forum in Manhattan on Tuesday..............................................Full Article: Source
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