Market watching Lehman, AIG commercial property sales

09/29/2008 | Financial Week

The sale of commercial real estate by Lehman Brothers and American International Group could help loosen a tight market. Lehman's bankruptcy and AIG's loan from the federal government give each firm more time to sell real estate assets and may result in better pricing. "It's going to be a question of how much they're going to be able to spread out [the sales]," said Jon Southard, principal and director of forecasting at CBRE Torto Wheaton.

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