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Bankers Think CRE Showing Recovery Signs

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According to a recent CoStar Blog post "Banks reported that commercial real estate markets displayed mixed results - still mostly negative - but that leasing markets and investment exhibited increasing signs of recovery, while nonresidential construction remained weak."

This doesn't mean that a full recovery is near, but any signs of improvement are good.

"We expect that the worst of the commercial credit cycle is behind us but we expect a few more quarters of uncertainty and choppiness in commercial charge-offs and non-performers."
Richard D. Fairbank, founder, chairman, and CEO, Capital One Financial Corp.

Via: OfficeTimes Blog

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