Commercial Property News Archive for 22-Feb-2009
Commercial property sizzles in Oklahoma City (The Oklahoman)
Oklahoma City could avoid a commercial real estate train wreck because most investors never got on the speculative train in the first place.That?s the gist of realty specialists? reaction to news that Moody?s Investors Service, the credit rating agency, listed Oklahoma City among the top five U.S. commercial property markets during the fourth quarter of last year. The Moody?s report considered ...
Moody's: Commercial Property Prices Down 16 Percent (The New York Observer)
Any time talk turns to "indices," eyes glaze over. It's a documented fact. Be that as it may ... Moody's REAL Commercial Property Price Index is now "over 16% below the peak measured in October 2007," according to its just-released February report. Most of that decline (15 percent) happened in 2008, wiping out "the gains experienced in 2006 and 2007, and puts prices back to 2005 levels." And, ...
Jeremy Warner: Commercial property takes a terrible bath (Independent)
Outlook A couple of years ago, when it looked as if we were app-roaching the top of the cycle, I asked a number of property companies how they expected to cope in a downturn. Remember, many commercial property developers had been completely wiped out in the recession of the early 1990s.
(AFX UK Focus) 2009-02-19 22:06 UPDATE 2-US commercial property activity at 12-yr low -NAR (Interactive Investor)
By Al Yoon
Commercial Property Prices in U.S. Fell 15% in 2008 (Update2) (Bloomberg)
Feb. 19 (Bloomberg) -- Commercial real estate prices in the U.S. dropped by almost 15 percent in 2008, more than home prices, with fourth-quarter depreciation the greatest in the national apartment market, Moody?s Investors Service said in a report.
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