TheRealDeal - David Arena says commercial market needs ...

On Fox Business news last week, David Arena, president of Grubb & Ellis, discussed why the commercial real estate market deserves a bailout from the federal government. Arena said that there is a refinancing risk on “every piece of real estate out there.” According to Arena, there is at least $150 billion of refinancing expected in real estate just next year, and every year going forward, and the bailout from the government will allow banks to lend to these developers.
For more information please click on the link provided: http://www.foxbusiness.com/video-search/m/21706589/backstop-not-a-bailout.htm...

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