The CMBS market is paralyzed and the CMBX says prices will fall 23 percent over the next three years. There are a lot of interest only commercial real estate mortgages in CMBS portfolios and many will begin amortizing this year. If a recession is upon us and those borrowers can’t meet their debt [...]
Business : Dubai Investments Sees 2010 as ‘Tough’ Year for Property Market
DUBAI – UAE conglomerate Dubai Investments Co made a preliminary Dh1.1 billion profit for 2009, but could revise that downwards with provisions, and its chief executive expects the property market to worsen in 2010.
Read more on Khaleej Times
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As Goes The Home Market, So Goes Commercial Real Estate
Oregon’s housing market has suffered over the last couple of years, but the local commercial real estate market is enduring a similar fate.
Read more on Oregon Public Broadcasting
Image taken on 2009-12-09 15:21:24 by dno1967.
I’ll be graduating from college this May and I’m hoping to get into real estate development or commercial real estate. Is the commercial market currently as shaky as the residential market?
Thanks
Image taken on 2009-09-27 20:26:21 by dno1967.
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