Real estate enters unprecedented period of instability

10/10/2008 | InvestmentNews (free registration)

The credit collapse and the de-leveraging of banks will have a "massive" impact on the real estate market. Executives expect some opportunities but also predict there will be fewer real estate managers in the future. "I don't think anybody has lived through what we are living through right now unless they are 100 years old. The magnitude is so massive," said Tim Ballard, chief investment officer of Buchanan Street Partners.

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