Website review: Bloomberg.com: ...
julzb discovered this in Real Estate
•1 reviews since May 2, 2008
real-estate
•bloomberg.com/apps/news
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julzb discovered 3 months ago- When Sam Zell talks I listen - he's someone who doesn't buy into hype and gets the market. And SURPRISE he has positive news for commercial real estate markets. From the page: "For the first time since July, when credit markets froze in reaction to rising home-loan defaults, investors are starting to move their money from Treasury bonds, whose returns are below the inflation rate, and into commercial mortgage-backed securities. Insurance companies and pension funds need to earn at least 6 percent to cover their liabilities, Zell said."
