TIAA-CREF executive: CRE hasn't been hit by crisis -- yet

10/14/2008 | Commercial Property Executive

The U.S. commercial real estate market has yet to feel significant effects from the economic downturn, according to Martha Peyton, managing director of strategy and research for global real estate with TIAA-CREF. Peyton, however, noted that job losses and an effect on the sector are inevitable. "The sooner this is resolved the better," she said.

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