Commercial real estate market starts to perk up
Apr 22 Filed under: Related Articles
Commercial real estate market starts to perk up
By Paul Davidson, USA TODAY published 4/20/10
The darkest cloud over the economic recovery — the troubled commercial real estate market — may be clearing a bit.
Prices of commercial property are up slightly compared with last fall. Loan modifications have risen sharply the past six months. Commercial mortgage-backed securities (CMBS), a big funding source that was comatose for two years, has come to life recently.