Q&A: Jay Koster, Managing Director of Corporate Capital Markets, Jones Lang LaSalle
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Vacancy should increase in all property types, but investment sales could increase in the second half of 2009, even though many of those properties may be distressed assets. Those were some of the predictions offered at Grubb & Ellis’ 2009 Commercial Real Estate Forecast, held in Manhattan on Wednesday.
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NEW YORK(BUSINESS WIRE)An uptick in non-performing matured loans drove overall U.S. CMBS delinquencies six basis points (bps) higher in October to end the month at 0.51%, according to the latest U.S. CMBS loan delinquency index by Fitch Ratings.
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