The Real Deal Miami

In financial crisis, Florida named among five hardest hit states … and more

September 22, 2009 07:53AM

1. Florida named among five states worst hit by unemployment and construction slump [Bloomberg]
2. S&P lowers outlook on Vornado Realty Trust to “negative,” from “stable” [NYT]
3. World’s most expensive retail space rents dropping [Bloomberg]
4. Moody’s analyst says U.S. home prices won’t regain peak position till 2020 [Housing Wire]
5. Three distressed commercial real estate funds face precarious future [Reuters]