How bad will financial distress in the hotel industry get before it gets better? Are we seeing just the tip of the iceberg in terms of hotel foreclosures? What can owners do to help their properties survive? Why aren’t we seeing more sales of distressed hotels? Will lenders take back properties or work out loan terms with borrowers? Listen in as our panel of experts gets to the bottom of these crucial questions. Monday, July 6, 2009: 12:30 PM ET Cost: $59
Register Now >

Other Webinars The Economy: Midyear Reality Check | The Next Generation of Student Housing Design & Development: Case Studies from Around the Nation | Job Opportunities in a Turbulent Market | Building Owners at Risk: Surviving Distress | Retail: Is There Hope? | Opportunities in Distressed Assets | View All >

powered by
Select Leaders

JOBS

Enter Search Keywords

eg: "Financial Analyst" or Company

Recruit Commentary Sign up for Alert

NEW YORK CITY-Expect 2009 to be a tougher year for leasing and sales, while offering some bright spots, said experts from Colliers and Grubb. Apartment REITs have so far held up better than other sectors. But if the outlook of management teams is any indication, the worst is yet to come. NEW YORK CITY-Manhattan asking rents for ground floor retail are off 3% from Q3 2007, but top brokers say they’re optimistic.

Even New York City's once-bulletproof office sector is feeling the effects of the downturn. Delays in rebuilding at Ground Zero are testing patience, yet Downtown's boosters say the neighborhood's renaissance is a foregone conclusion. Developers use everything from underground cisterns to low-flow faucets to conserve and reuse water.