Commercial Real Estate Stabilizing…

Over the last few years I’ve heard numerous people say that the commercial real estate market would be the next segment of the market to drag us back into recession.  In the short term there is a loose connection between residential and commercial real estate, but it doesn’t help for any part of the real estate market to unravel.  Happily, things seem to be starting to look up.  Still, my guess is it’ll be a while before any new residential towers are developed as sales of existing condominiums in parts of town like South Beach, where numerous towers like Rincon Hill were built, stabilize.  Click HERE to see the whole SFGate article.