Focus on Investment Conditions: The Dawning of a New Era for Commercial Real Estate Investment
Riggs, Kenneth, Jr., Journal of Real Estate Portfolio Management
The last 18 months have been arduous for even the most resilient among us. A recession, the September 11 terrorist attacks with continuing threats of terrorism, corporate accounting scandals and company bankruptcies, the tumbling stock market, and now the likelihood of military action with Iraq have taken their toll on our nation's psyche.
Most investors were hopeful that the economy would be back on a firm growth track by now but that is not the reality. Working off the excesses created during the tech bubble is taking more time than expected. Slow economic growth is killing demand for commercial real estate, and as a result, our outlook is more …
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Publication information: Article title: Focus on Investment Conditions: The Dawning of a New Era for Commercial Real Estate Investment. Contributors: Riggs, Kenneth, Jr. - Author. Journal title: Journal of Real Estate Portfolio Management. Volume: 8. Issue: 4 Publication date: January 1, 2002. Page number: 33+. © American Real Estate Society Oct-Dec 2008. Provided by ProQuest LLC. All Rights Reserved.
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