Reading the commercial real estate crystal ball

Restrepo, John
June 2008
Las Vegas Business Press (10712186);6/23/2008, Vol. 25 Issue 25, p32
The author discusses three potential futures that can occur in the commercial real estate sector in Southern Nevada as its economy showed continued weakness in the first quarter of 2008. He explains that the optimistic future suggests that the Las Vegas Valley reached the trough of its economic cycle during the quarter. He notes that the likely reality predicts a negative economic growth in the second half of 2008, but will end with a modest growth rate. He adds that the conservative future reflects a gloomier economic outlook.


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