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Economic Uncertainty Is SlowingThe Flow of All-But-the-Best Projects

Publication Date: 11/19/2008
Author: Housley Carr
Format: HTML

Next year may turn out to be one of the toughest years in recent times for developers of new office, retail, hotel and other commercial projects. A variety of negative forces, including the economic slowdown, overbuilding and unavailable funding, are making it increasingly difficult for all but the most sure-thing projects to advance to financing and construction, according to developers, real estate investment trusts and industry analysts.

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