Sep
16

Warning Signs: Get Ready for RTC 2.0

By

– GlobeSt.com

Get ready for RTC 2.0. At least, that’s Mark Grinis’ take on the current commercial real estate market. Grinis, speaking at RealShare’s Distressed Assets conference here yesterday, said this downturn could be “tougher than the last cycle.” Today, unemployment has already surpassed the last cycle and delinquencies continue to trend upward, the Distress Service Group leader for Ernst & Young LLP said. The event was co-sponsored by GlobeSt.com and Real Estate Forum.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.globest.com/news/1496_1496/dallas/181049-1.html

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