Commercial Real Estate Bottoming
In reference to the ever popular claim, "Commercial real estate is the next shoe to drop" - which, in my opinion, is the most over-hyped and over-used sensationalist claim in modern business reporting history - Walt Rakowich, CEO of Prologis says:
"...the shoe has dropped....that's old news..." - emphasis addedTime to start looking at the next part of the cycle folks.
via Deal Junkie
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