Investors opt to ‘hold’ for now
Commercial real estate owners and developers are proceeding cautiously amid a climate that is fraught with challenges.
Investors are clearly feeling the pinch of a capital crunch and slumping U.S. economy. Some 60% of respondents to the 2009 Real Estate Investor survey cite the availability of financing as their top concern in the coming 12 months, followed by creditworthiness of tenants (29%), and unforeseen shocks to the economy (28%).
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