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...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 and distressed property sales...

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

Sophomore skipper Emily Lambert and fellow second-year crew Alex Jumper took care of the A-division racing. While the duo struggled early on in the competition on Saturday, leaving Harvard in seventh place as a team after day one, the pair of sophomores rebounded nicely on Sunday to finish seventh in its division and earn one race victory on the weekend...

Author: By Thomas D. Hutchison, CRIMSON STAFF WRITER | Title: Women’s Sailing Finishes Second | 10/27/2009 | See Source »

...second most frequently mentioned issue in the election has been the quality of the city’s middle grade education—a debate that has divided district leaders for decades...

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

...invasion of Kuwait. From the new family home in Sudan, while Osama plotted to overthrow the Saudi monarchy and the American government, Omar noticed some dangerous new arrivals in their Khartoum neighborhood, including Ayman al-Zawahiri, the leader of an Egyptian Islamist movement who would become al-Qaeda's second-in-command. When members of another extremist group raped one of Omar's male friends, al-Zawahiri took justice into his own hands - by executing the victim...

Author: /time Magazine | Title: Growing Up bin Laden: Osama's Son Speaks | 10/27/2009 | See Source »

...Afghan civil war and to attend hours of mind-numbing jihadist indoctrination. Omar and his father narrowly survived a U.S. cruise-missile strike that was launched in retaliation for the al-Qaeda bomb attacks on two U.S. embassies in Africa. All the while Osama expected Omar to become his second-in-command. The young man had somehow managed to develop into a serious, capable young adult even as many of his siblings appeared to have suffered from one kind or another of personality disorder related to their extreme upbringing. One day while sitting together on the bin Laden mountain, Osama...

Author: /time Magazine | Title: Growing Up bin Laden: Osama's Son Speaks | 10/27/2009 | See Source »

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