William Green, CEO of real estate firm Tannery Brook Partners, spoke with GlobeSt.com’s Paul Bubny at RealShare New York about the time frame for a banking system recovery. He said it could be six years out when the lending market for real estate becomes fully functional.
Banking system could take six years to recover, real estate exec says
November 16, 2009 03:34PM
November 16, 2009 at 5:06 pm, Anonymous said:
It will take at least six years to clear the bad commercial loan debt from the banks books.