Commercial Real Estate: Ready to Tank

A new survey says the commercial real estate market is headed toward a bad year in 2009 and a lukewarm recovery in 2010

Commercial real estate has been strangely impervious to the housing crash, but its luck is about to run out. Economists and industry analysts say the recession and credit crunch pretty much ensure a bad year for commercial real estate in 2009, and at best a tepid recovery in 2010.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.