Owners in distress


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  • | 5:17 p.m. February 4, 2010
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REVIEW SUMMARY
Industry.
Commercial real estate
Trend. Rising foreclosures
Key. Commercial foreclosures threaten to flood the market and push values down further.

If you're feeling sorry for yourself, consider attending a gathering of commercial real estate brokers.

“Not every property is distressed, but every owner is distressed,” quipped Lee Arnold, the chairman and chief executive officer of Arnold Cos., parent of brokerage Colliers Arnold. He was one of a dozen experts speaking at the CCIM Real Estate Outlook Conference in Bonita Springs on Jan. 28.

 

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