Real Estate/Development
Jan. 27, 2004
No Need for Workouts
BY MICHAEL GOTTLIEB CREJ Managing Editor Ask 100 commercial real estate professionals to name one factor that sustained the industry during the economic downturn, and you'll get 100 identical answers.
BY MICHAEL GOTTLIEB
CREJ Managing Editor
Ask 100 commercial real estate professionals to name one factor that sustained the industry during the economic downturn, and you'll get 100 identical answers.
Low interest rates drove capital into the marketplace, with commercial originations exceeding $100 billion for the year nationwide, according to the Mortgage Bankers Association. Low interest rates also allowed owners to insulate themselves against...
CREJ Managing Editor
Ask 100 commercial real estate professionals to name one factor that sustained the industry during the economic downturn, and you'll get 100 identical answers.
Low interest rates drove capital into the marketplace, with commercial originations exceeding $100 billion for the year nationwide, according to the Mortgage Bankers Association. Low interest rates also allowed owners to insulate themselves against...
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