According to a copyrighted story in Monday’s™ Albuquerque Journal’s™ Business Outlook, Moody’s™ recently released Red-Green-Yellow Update indicates the Albuquerque commercial real estate market showed significant improvement from early 2009 to early 2010. Albuquerque’s™ apartment market ranks as one of the strongest in the country; however the office market continues to show distress. Moody’s™ Red-Green-Yellow Update is a quarterly report measuring risk in metros where deals were financed through commercial mortgage-backed securities.
commercial markets
Bailout Watchdog Warns about Commercial RE
Until Treasury and bank supervisors take coordinated action and are forthright and transparent, the state of the commercial markets — and the potential impact that a breakdown in those markets could have on local communities, small businesses, and individuals — the financial crisis will not end — that’s Elizabeth Warren’s message. Read more…
