Lenders' Insatiable Appetite for Commercial Real Estate
US Commercial Property Deals May Rise 20 Percent in 2012, Roberts Says | by Dan Levy
Bloomberg writes | US commercial property deals may rise 20 percent this year as the technology and energy sectors lead a “slow, plodding recovery,” said Peter C. Roberts, chief executive officer for the Americas at Jones Lang LaSalle ... Banks increased lending for property deals in the fourth quarter for the first time in almost two years, according to Chandan Economics. Investors in search of core assets in big cities are “modestly” departing from a risk-averse strategy, Deutsche Bank AG’s RREEF said in a March 20 note.
Read the analysis at the BusinessWeek website: businessweek.com