Lenders' Insatiable Appetite for Commercial Real Estate
Chandan Encouraged, But Says Nowhere is Completely Safe | by Thor Kamban Biberman
The Daily Transcript writes: If Wharton School economist Sam Chandan has one piece of advice, it is that no real estate asset class is bulletproof. Chandan, president of Chandan Economics, was in San Diego Friday for the 12th annual Trigild Lender Conference at the Omni Hotel adjoining Petco Park. He said if everyone rushes to any asset class, prices are artificially bid higher beyond their true value, setting the stage for future defaults.
Read the article at the Daily Transcript website.