Where are we with commercial real estate?

The demand for office space is far beyond the horizon and with vacancy rates in Clark County beginning to tick upward after more than six months of small yet steady declines, the commercial real estate market is isn’t close to approaching a recovery.

If the administration and banking industry doesn’t step up to the plate to renegotiate equity requirements and interest rates to reflect what is happening in the leasing market, many more good people will be in default and planned redistribution of wealth will occur. 

If you are in need of help or direction please call me.

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