|
|
Article: National Association of Realtors: 'Commercial Real Estate Sector is Strong - Don't Mess With It'
- Article from:
- U.S. Newswire
- Article date:
- September 15, 2006
CopyrightCopyright 2006 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
|
WASHINGTON, Sept. 15 /U.S. Newswire/ -- Government regulations, if
not properly set, could reduce the flow of capital to commercial real
estate and weaken a robust commercial real estate market, according
to testimony submitted yesterday by the National Association of
Realtors (NAR) to a House panel.
In a letter to the House Subcommittee on Financial Institutions
and Consumer Credit of the Financial Services Committee, NAR
expressed concern that the proposed Basel regulations and the
proposed guidance on commercial real estate lending "underestimate
the strength and stability of the commercial real estate market and
do not sufficiently recognize the diverse performance traits of
commercial ...