Commercial real estate is one of the big worries at this year’s Citigroup Global Property CEO Conference. Tom Flexner, head of real estate at Citigroup, and Richard LeFrak, president of the LeFrak Organization, talk to CNBC. Their discussion includes talks about a potential $200 – $300 Billion loss in commercial real estate.
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Archive for March 4th, 2010
Commercial Real Estate: A Ticking Time Bomb?
Patrick Braswell
Assistant Vice President
Colliers International