CRE recovery will take longer than previous downturns, group says:

11/5/2009 | Gerson Lehrman Group

The current commercial real estate downturn differs from previous slumps because it was "fueled by excessive use of creative debt financing," according to a report by Gerson Lehrman Group. "The unwinding of creative leverage will take longer than previously and could delay recovery," the report said.

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Gerson Lehrman Group

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