Frankel: CMBS thaws but "tepid" recovery still ahead

07/29/2010 | REIT.com

Steve Frankel, an analyst with Green Street Advisors, warns that the economic recovery will be tepid at best. Deleveraging on the part of consumers and companies is the main reason. That said, the commercial mortgage-backed securities market is thawing, which should provide a boost to companies that can get the financing, he says.

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