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Article: Deloitte Reports Commercial Real Estate Still Attractive Despite Credit Chaos.
- Article from:
- Business Wire
- Article date:
- January 22, 2008
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Deloitte expects commercial real estate to remain enticing as an investment alternative in 2008, while the residential market heads toward further decline
NEW YORK -- While the credit crunch and economic uncertainty have caused investor anxiety and tighter lending standards, commercial real estate remains comparatively attractive with solid underlying fundamentals, plentiful capital, and steady allocations, according to Deloitte LLP's Real Estate Capital Markets Top Ten Issues - 2008 Report, released today.
"In prior boom cycles, commercial real estate has responded by overbuilding. The industry has clearly learned its lesson because this time ...