CRE Execs More Bearish Based On Economy and Govt. Impact

The number of real estate executives surveyed by DLA Piper who described themselves as “bearish” in their outlook over the next 12 months spiked at this year’s annual real estate confab, with more than 70% of those surveyed taking a dour view of near term prospects. Many said that global financial volatility, stagnant job growth, federal government gridlock and an economic recovery that Federal Reserve Chairman Ben Bernanke this week told Congress…
National Commercial Real Estate News From CoStar Group