There has been a lot of talk lately about the enormous crisis that supposedly awaits the commercial real estate industry in the U.S. But experts aren’t entirely in agreement on the magnitude of the problem. Rick Clark, CEO of Brookfield Properties, said the problems of the commercial property business have been blown out of proportion. Brookfield’s assets include the World Financial Center in New York.
The death of commercial real estate has been greatly exaggerated, according to Ric Clark, CEO of Brookfield Properties, whose holdings include New York’s World Financial Center…Click HERE to view the video interview.
Source: www.cnbc.com
Tags: business, commercial, estate, financial, industry, property, rate, Real, Real Estate
