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Updated over 15 years ago,
Rich WeesePoster#2 Off Topic Contributor
- Real Estate Investor
- the villages, FL
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Better commercial deals on horizon
http://twincities.bizjournals.com/twincities/stories/2009/08/31/daily39.html?s=industry&i=commercial_real_estate
Before we get all giddy about the market, we better prepare for more bank failures and another scary crisis. This article explains we need to be aware of the commercial properties in bad shape and soon to be owned by banks. It could take a few of them down and cause a part two of the financing cliff we might fall off. Rich