Banks regaining optimism about commercial real estate

09/21/2009 | Wall Street Journal, The

The firms that gathered for last week's Barclays investor conference were expressing the kind of positive opinions about the commercial real estate market that haven't been heard within the financial sector for several years. "Following commentary from our financial services conference, we believe commercial real estate prices may have bottomed for the time being, resulting in no meaningful markdown" of property values through September, said Roger Freeman in a research note to clients.

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