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Posts Tagged "commercial"

Commercial real estate still weak, expert says at conference (Richmond Times-Dispatch)

The residential real estate market is showing signs of improving, but the commercial sector is still deteriorating, experts said this morning at the Virginia Commonwealth University’s 19th Annual Real Estate Trends Conference at the Greater Richmond Convention Center. Commercial real estate values nationally have dropped nearly 40 percent since peaking in October 2007 and they could lose even …

Marco? Portfolio! Private Equity Waits from the Real Estate Sidelines to Jump In (The New York Observer)

The vulture in angel’s wings is coming. Forgive us. “A vulture in angel’s wings” is how one broker describes private equity—all those investors with piles of money that lurk in the recessionary shadows of the commercial real estate marketplace, patiently waiting until the prey has ripened and the bottom has come … so that they can swoop down and ferociously devour once-priceless New York …