Archive for November, 2009

Commercial real estate forecast uncertain

WASHINGTON, DC – November 19, 2009 – (RealEstateRama) — The recent deep economic downturn has had a pronounced impact on commercial real estate sectors, but credit availability is the big unknown that will determine how soon commercial markets recover, according to the National Association of Realtors®. Link to complete article in RealEstateRama

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General Growth to exit bankruptcy by year-end

Chicago ( November 19, 2009 ) General Growth Properties expects 170 of its corporate entities to exit bankruptcy by the end of this year after reaching an agreement with creditors to extend loans, the mall operator told U.S. Bankruptcy Court in New York on Thursday.

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Commercial real estate up for the first time since 2007

View Reuters article-click here

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Treasure Valley Industrial Vacancy Dips

The percentage of vacant industrial space took its largest dive since August 2006 in October, falling from 12.4 percent to 11.9 percent… Idaho Business Review

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