Lenders' delaying tactics with real estate loans may be working

08/10/2010 | Motley Fool, The

The grim forecast for commercial real estate's prospects has lightened considerably in the wake of the recent quarterly earnings reports, writes Jeremy Myers. Jones Lang LaSalle and CB Richard Ellis both reported double-digit revenue growth. Also, the "delay and pray" tactics of lenders appear to be working, at least for the short term.

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