Is The U.S. Headed For A Commercial Real Estate Crisis?

Tishman Construction CEO Daniel Tishman warns that in the next 5 to 7 years, $3.4 trillion in commercial real estate mortgages must be refinanced. Unemployment in the construction industry is about 18.2% nationally and he expects that many companies will struggle to find financing. Tishman calls for new government programs to assist with financing.

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