Experts: Well-financed, long-term developers will survive recession

02/27/2008 | Sarasota Herald-Tribune (Fla.)

A clean balance sheet and access to capital are necessary for retail developers to weather the current economic downturn, note experts. While some developers are seeking assistance or shutting down projects, long-term players that seize demographic opportunities will come out ahead, says John Silvia, Wachovia Bank's chief economist.

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Sarasota Herald-Tribune (Fla.)

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