January 26, 2009
... Estimating he is experiencing his 10th real estate cycle, Lusk Center Chair Stan Ross predicted that the commercial and residential real estate markets will begin a minute recovery in the fourth quarter of 2009 in light of retail bankruptcies, bank closures, increasing unemployment and oversupply of office space.
"We will also see a curtailed supply of new construction, more focus on cash flow, new incentives for tenants, greater equity required of borrowers and increased government regulation," Ross said...