Vigorous expansion in developing countries is expected to temper a slowdown in the U.S. and buoy the world economy. There are concerns the U.S., the world’s largest economy, is facing a possible recession. The World Bank sees global growth slowing to 3.3 percent from 3.6 percent in 2007.
In this week’s issue, a pack of hotel, trailer park, office building and retail property owners are all having to reconsider options on properties as plans to sell some are all being impacted by current market conditions; and CDO delinquencies went up…
In this week’s issue of CoStar Lead Street, a handful of investors are starting to pick selectively through residential developers’ land inventories for bargains; and Dutch pension investor PGGM is increasing its commitment to U.S. multifamily opportunities…