(Read more on the debt and equitymarkets.)
[IMGCAP(1)]DALLAS-Three leading buyers are dismissing the 2008Doomsday reports for commercial real estate by economistsnationwide. Although they plan to alter some buying patterns, thebuyers steadfastly agree that the New Year is primed for the wellendowed.
Executive opinions from Younan Properties Inc., BehringerHarvard Funds and Cobalt Capital Partners, most likely reflectingpeers in their income group, run counter to soothsayers' claimsthat hard times will befall CRE next year. The common belief isopportunity is knocking for the deep-pocketed crowd because thecredit crunch has eliminated high-leveraged buyers from the biddingranks due to lenders' tightening underwriting practices.
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