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Banks Snubbing Commercial Real Estate for 'More Important' Industries (The New York Observer) image

Banks Snubbing Commercial Real Estate for 'More Important' Industries (The New York Observer)


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•March 6, 2009
1:18 am 
   
Banks Snubbing Commercial Real Estate for 'More Important' Industries (The New York Observer) art

Slap-in-the-face reality check: Bankers don’t think the commercial real estate industry is as important as industry members do. That’s one of the reasons why Jones Lang LaSalle, in its Feb. 23 market “pulse” report, noted that, “While credit conditions are showing some improvements, commercial real estate lending largely is not.” “There are a lot of priorities banks have ahead of commercial …

Source:Banks Snubbing Commercial Real Estate for 'More Important' Industries (The New York Observer)


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