Commercial Property News Archive for 27-Jan-2009

Crisis hits commercial property (The Cincinnati Enquirer)

Commercial property foreclosures nationwide are expected to hit record levels this year as retailers struggle, office tenants downsize and overleveraged borrowers scramble to pay up or refinance loans coming due.

A Horrid Year for Commercial Property (KiplingerForecasts.com)

Commercial property will bottom out in 2009 -- and pretty much stay there for a good bit of 2010. That's good news for patient investors and renters.

Rudd Pledges A$4 Billion Fund for Commercial Property (Update1) (Bloomberg)

Jan. 24 (Bloomberg) -- Australian Prime Minister Kevin Rudd pledged A$4 billion ($2.6 billion) for a lending fund for commercial property companies should foreign banks fail to roll over as much as A$75 billion in business loans.

Triangle's commercial property deals slump in 2008 (BizJournals)

RALEIGH ? The value and volume of commercial property sales in the Triangle plummeted in 2008 as debt markets shifted across a country reeling in an economic recession.