Commerical Real Estate News Update – Not sure I agree about 2010 being the same as 2009, or that 
commercial RE is logjammed because of the debt problems. I think it is going to decline through 2010, and the problem is not the national debt, but the fact that so many properties are upside down and the declining rents just don’t cover the mortgages.
He’s definitely right about debt servicers not communicating and just demanding pay-offs. Watch the video.
http://www.marcusmillichap.com/Video/cnbc_112309.asp
Thu, Nov 26, 2009
Commercial Real Estate