Tuesday, August 7, 2007

A cold, not the plague

The Retail Traffic Court Blog has a good post about the current debt market climate in commercial real estate. David Bodamer found a report from Torto Wheaton Research (an independent research firm owned by CB Richard Ellis), and TWR opines that because fundamentals are good there should not be much contagion into the commercial market, with perhaps the most slowdown in retail (because of the subprime mess) and lower quality properties. Again, the cash or mostly cash buyer is going to look good to sellers. So for now, we should look at this as a cold and ride it out.