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June 20, 2008
Investment in U.S. Commercial Real Estate Falls 70 Percent
Banks continued to clutch their purse strings during the first quarter of 2008, contributing to a 70-percent slide in U.S. commercial property investment. According to the National Association of Realtors, investor commitment to commercial real estate during the January-through-March period sank to $48.2 billion from $157.8 billion a year earlier.
Posted by S. Germain at June 20, 2008 08:07 AM