2009 expected to be worst year for commercial property since 1991

09/11/2009 | Bloomberg

The U.S. economic downturn is likely to give commercial real estate its worst year in nearly two decades, according to recently released data. "There's no real way to sugarcoat it," said Dan Fasulo, managing director of Real Capital Analytics. "A slowdown of this magnitude certainly hasn't occurred since I've been in the business."

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