While some are calling a "bottom" to residential real estate, others are not so sure. Here is a sober analysis from Barry Sternlight, CEO Starwood Capital. He sees residential nearing a bottom while commercial real estate still has some trouble ahead.
Here was his interview on CNBC earlier today...
Thursday, June 4, 2009
Real Estate Investment Market Analysis
Labels:
AP. TALF,
bail out,
CMBS,
cnbc,
economy,
housing,
real estate market,
Real Estate Sales,
TARP
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