General Electric Expects to Lose 7 Billion in Commercial Real Estate

GE is a bellweather for the commercial real estate market as their vast holdings are fairly well diversified. Unfortunately the picture the company paints is dim. General Electric expects to lose 13 percent more of it's portfolio in 2010. That is on top of a 34 percent loss since it's highs of 2007. So if [...]Thanks for reading this post. If you would like to see more articles like this, please come visit The Real Estate Bloggers. where it was originally published.General Electric Expects to Lose 7 Billion in Commercial Real Estate Related posts:General Growth Applies For 9.7 Billion Dollar Reorganization in Chapter 11 Bankruptcy General Growth Properties filed a reorganization plan for their Chapter 11...Commercial Real Estate Has a Rough Week Real estate news this week was mostly a