Real Estate Industry Poised for Recovery Despite Slowing Economy
- Topics:
- Market Studies,
- Property Analysis
- Tags:
- Business Operations,
- Real Estate,
- Recovery
- Source:
- Knowledge@Wharton
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Overview: The article explains about situation of real estate. It defines about the meeting in which participants says that the real estate industry, which triggered the last recession, comes into the current slowdown in a much stronger position than it was in the 1980s. That assessment, along with new opportunities in leasing and finance, suggest a basically sound and resilient real estate sector but the industry is also vulnerable to a number of stresses, participants added, ranging from scaled-down activities on the part of tenants to a significant decline in cash flows and a softening at the high end of the retail market. It explains the situation of private investors and defines about Balaban’s company, which is working with pension funds. The difficulty in getting debt leads them, in some cases, to build on relations with pension funds who don’t like debt anyway. Many more examples are defined where real estate industry poised for recovery in slowdown time of economy.
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Format: HTML | Date: Nov 2001 | Pages: 1
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