News
CRE DISTRESS STILL STRESSFUL
September 6, 2011
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| Intercontinental CFO & COO Paul Nasser says that despite a slight decrease of loans going into special servicing, the industry is not improving at the pace CRE pros had hoped. As the economy continues to sputter, CRE will remain sluggish. We're in a classic post-recovery cycle. To sustain market strengthening, Paul says we need interest rates to stay low, rents to rise, and more job creation. |
