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What impact will the results of the European bank stress tests have on the debt financing markets for U.S. commercial real estate?
The positive results have calmed the global financial markets, a positive for U.S. commercial real estate.
The stress tests of European banks were more show than substance, much like a Potemkin village.
Wall Street has reacted favorably to the results, but the effect on Main Street will be insignificant.
Only substantial job growth will help the U.S. commercial real estate industry emerge from its malaise.
It’s unclear to what extent the stress tests will have on the U.S. commercial real estate market.
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Posted 2 years ago.
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