Too Soon To Tell
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|While there are a substantial amount of near-term loan maturitiesfacing Chicago-based CRE, JLL's Dustin Stolly notes two positive near-term factors: 1) Lenders returned to the debt markets with a vengeance the second half of 2010; and 2) fundamentals (and valuations) have begun to slowly improve. Secondary and tertiary markets (like Green Bay) will continue to struggle, he tells us, whileprimary CBDs will bounce back at a much faster pace. Speaking oftertiary and struggling, Dustin predicts a 21-14 Bears victory over Green Bay this weekend. Go Bears!|