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...recession, it took the industry 14 months to rebound after the recession's end, and in the 2001 downturn, it took 29 months for the sector to recover, says Bob Bach, chief economist with Grubb & Ellis Co., a commercial real estate services and investment company. Even if the current recession ended in the second quarter, it could take anywhere from 14 to 29 months for real estate to bounce back, says Bach. Unemployment, which is expected to hit 10.5% in 2010, exacerbates the situation, he says. All of this will likely lead to higher default rates on commercial property loans...

Author: /time Magazine | Title: REITs and Commercial Real Estate's Victims | 10/28/2009 | See Source »

Past speakers at Amaker’s coaching clinic have included former Knicks coach Jeff Van Gundy in 2008, and Doc Rivers, current coach of the Celtics...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: Coaches Descend on Lavietes | 10/28/2009 | See Source »

...Fantini, a current committee member, said he believes that the plan can be “sustained” without significant modifications...

Author: By Rediet T. Abebe and Sofia E. Groopman, CRIMSON STAFF WRITERS | Title: School Committee Elections Near | 10/27/2009 | See Source »

Especially in the current economic climate, the district’s budget has also emerged as a primary area of focus for the prospective school committee members...

Author: By Rediet T. Abebe and Sofia E. Groopman, CRIMSON STAFF WRITERS | Title: School Committee Elections Near | 10/27/2009 | See Source »

...time when the global recession and the collapse of the cattle-ranching market have hit residents hard: How can they continue their decadelong push to market the area as a wildlife destination while also accommodating the needs of the British army? Residents are trying to balance both demands. "The current level of training is high. It's never been this high," says Anthony King, executive director of the Laikipia Wildlife Forum, a conservation group. "Clearly, army training and other land uses [like wildlife tourism] may not always be compatible. There are definitely people who have invested heavily in tourism...

Author: /time Magazine | Title: In Kenya, Can War Games Coexist with Wildlife? | 10/27/2009 | See Source »

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