CRE recovery won't come soon, says Deutsche Bank's Parkus:

06/25/2009 | Forbes

A mountain of debt taken on around 2007 could block a commercial real estate recovery until it is finally paid off in 2017, said Richard Parkus, an analyst for Deutsche Bank. Commercial property values won't start turning around until 2012 and may not reach their 2007 levels for another five years, he said.

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