Commercial real estate is expected to remain a drag on the U.S. economy through 2010 and beyond.
"You do see stress in the market. We've seen delinquency rates increasing; we've seen by a whole variety of measures increased stress in the commercial real estate market," said Jamie Woodwell, the vice president of commercial real estate research for the Mortgage Bankers Association.
Tuesday, January 26, 2010
It only gets worse this year for commercial real estate
McClatchy reports:
