Everybody may be living in the same economic slump but not everybody is facing the same consequences. Whereas individuals bear a stigma – and not to mention a low credit score – whenever they walk away from their home mortgages, different expectations are given commercial owners. Though many are optimistic that the recession is about to end, commercial real estate, owners Read full article »
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As The Property Crisis Continues, Commercial Real Estates Are Being Touted As The Next Big Loser
The recession pulled down whatever gains that the real estate sector has achieved during the previous years, with the housing market emerging as the biggest loser so far but recent developments were pointing to commercial properties as the likely new target. In Frederick County alone, Costar reported of double digits vacancy rates in commercial spaces as Marty Lapera of Frederick County Read full article »
Giant Commercial Real Estate Failures Appear To Fade Out Bigger Hiccups By Residential Sector
Located just nearby the North Central Expressway in North Texas were the framed structures of incomplete buildings and vacant lots that reminded long time residents of an earlier plan for a commercial complex that never took off, leaving behind instead a grim reminder of a crippling financial crisis that suck the life out of many commercial real estate projects in Read full article »
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