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NEW YORK CITY-”Immediate concern has abated,” keynote speaker Dr. Sam Chandan said, referring to the industry’s general attitude towards the market. There was progress, and although transactions were down from the peak of 2006 – 2007, he explained that back then it would have been just as easy to say transactions were “hit a new unsustainable high.” So things aren’t quite as bad as they may seem. Kicking off the “VU 2010 Focus on Commercial Real Estate: Leasing, Retail, Sales & Development” was the  global chief economist and EVP of Real Capital Analytics did not mince words, plowing through the issues facing commercial real estate as a William Jennings Bryan of CRE statistics.


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