Commercial Real Estate on the Brink By John Hughes and Scott Maragioglio About this article: We have all become far too familiar with the current housing mess. Whether we have experienced the problems directly or are just worried about shrinking values and loss of equity in property we own, it is impacting all homeowners. Trying to sell isn't easy because of prices being too high, but because there are simply no buyers to sell them, too. Credit conditions are tight, lending standards have toughened, and with all other asset classes depreciating as well, interest in buying homes simply isn't there right now. Well, there is another part of the real estate market that is also being impacted, and it is commercial real estate. It wasn't too long ago that, in places such as New York City, buildings were being bought at prices that required rents to grow at a 10% annual rate just to break even. They had grown at that rate,... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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