Wednesday, January 14, 2009
Commercial Real Estate Markets
We all know about the crisis in the residential real estate market, but for awhile it looked like the commercial market was going to be spared the steep downturn. Well, not anymore. With construction stopping all over the country, credit availability in a stranglehold and businesses failing on a regular basis, the commercial real estate market is feeling the full effects of the recession. In fact, in late December members of the commercial real estate community started talking about the need for federal aid. So what does this mean for the U.S. economy? And how does it look on the local level? Join us on Wednesday as we talk with a range of commercial real estate experts about what's next.
Related Links:
- Commercial Real Estate Industry Seeks U.S. Aid
- Louisville-area Macy's not among those closing
- 2008: The Year That Wasn't, in Commercial Real Estate
- Commercial real estate faces probable tough year in 2009