TALF extension could help CRE market

08/20/2009 | CoStar Group · Reuters

A Treasury Department decision to extend the Term Asset-Backed Securities Loan Facility could help the commercial real estate market, according to industry insiders. "By the first deadline, there really wasn't any time to get new origination deals put together and get out to the market to see what their impact would be," said Enoch Lawrence, senior vice president of capital markets for CB Richard Ellis. "It may not be fair to judge the program yet because many of the market participants feel it really hasn't had time to start working."

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CoStar Group · Reuters

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