Burt M. Polson - Commercial Real Estate Broker

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U.S. commercial real estate braced for tougher 2008

"This credit crunch has created this sense of fear in the market place, and the big question for 2008 is: How big will the hurt be?"
"Although the fundamentals of commercial real estate remain relatively healthy, the problems in the residential lending market made all borrowing more expensive and drove highly leveraged buyers from the market."
"Respondents said they believed investment prospects for warehouse and distribution centers and apartments would be good, while that of retail properties would be fair."
Source: Reuters

An ACRES Real Estate Services, Inc. Company