Assessing Commercial Real Estate

Jeffrey DeBoer,Chairman of the Real Estate Round Table,says that the outlook is cautiously optimistic for commercial real estate.It's an uncomfortable and challenging market,but it has improved slightly the past several months.The Term Asset-backed securities Loan Facility,or TALF,is a good outline.With the TALF and the Public-Private Investment Partnership,or PPIP,we're concerned that it's taken quite some time,but if they're put in place they will provide a road out,Mr.DeBoer believes,referring to Treasury Department programs to improve credit markets and take toxic assets off balance sheets.