"From the Ground Up" piece on how the tightening of credit and the slump in the
Date
3-24-2008
Pages
26
Abstract
"From the Ground Up" piece on how the tightening of credit and the slump in the real estate market is affecting commercial real estate in Maine. Today, buyers have to rely on high-interest financing, and large deals are suffering. Banks will more readily finance smaller deals, albeit with more stringent conditions. The effect is lower cash-on-cash yields for many projects.
Subjects
Economic conditions, Commercial real estate
Recommended Citation
Sigfridson, Drew, ""From the Ground Up" piece on how the tightening of credit and the slump in the" (2008). Maine News Index – MaineBiz. 4525.
https://digitalcommons.portlandlibrary.com/news_mainebiz/4525
Source
Mainebiz