GE Capital executive sees up to 24 more months of CRE pain

11/6/2009 | Bloomberg

GE Capital Real Estate CEO Ronald Pressman predicted U.S. commercial real estate prices will continue to fall for the next 18 to 24 months. "We're a long way from where we'd like to be," Pressman said at the Urban Land Institute's annual meeting in San Francisco. "The stakes are very big here."

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