TITLE

Property management costs dip amid downturn

AUTHOR(S)
ILLIA, TONY
PUB. DATE
May 2009
SOURCE
Las Vegas Business Press (10712186);5/4/2009, Vol. 26 Issue 18, pP10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the drop in the costs of property maintenance and repair in the U.S. due to a deepening recession and real estate market downtown. Data from Whitestone Research showed that real estate operating costs dropped by 1.5 percent during 2008. According to Frank Gatski, president and chief executive officer (CEO) of Gatski Commercial Real Estate Services, says the trend is that maintenance and repair costs are dropping and a lot of it can be attributed to the economy and the commercial real estate market.
ACCESSION #
47881252

 

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