Apr
27

Commercial Property Loses Four Years of Gains

By

– Wall Street Journal

Commercial real estate values are falling fast and are quickly catching up (or more precisely down) with the drop in residential values.


The Moody’s/REAL National All Property Type Aggregate Index is out and finds that value of offices, apartments, hotels, warehouses and malls has fallen to March 2005 levels. Remember March 2005? Big news then was Terry Shiavo and the Dow was still solidly above 10,000.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://blogs.wsj.com/developments/2009/04/23/commercial-property-loses-four-years-of-gains/

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    Categories : National News

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