Wednesday, February 6, 2008

Commercial real estate lending close to a standstill

Dr. Linneman also gave his perspective on the economy during his presentation Monday to Dallas' Real Estate Council, a trade association made up of more than 1,400 commercial real estate professionals.

Despite Wall Street gyrations and talk of recession, Dr. Linneman is predicting that the worst of the economic decline won't hit the country until after the presidential election.

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