2010 likely to be another difficult year for commercial real estate

01/26/2010 | McClatchy Washington Bureau

Industry sources such as the Mortgage Bankers Association, the Urban Land Institute and Moody's are increasingly pessimistic about commercial real estate prospects this year. "2010 is going to be another rough year. We don't necessarily subscribe to some of the most pessimistic views ... of a flood of commercial release estate defaults," said Rick Sharga, vice president of marketing at RealtyTrac.

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