Commercial Real Estate a Big Problem Mack Says

Mack-Cali Chairman Spills the Beans

By Steve Christ
Wednesday, November 11th, 2009

 

 

beans

 

Here's a great interview from CNBC this morning featuring William Mack. He is the Chairman of the Board for the Mack-Cali Realty Corporation.

In it Mack declares that commercial real estate is somewhere between "an orderly massacre and a disaster."

Roll the tape...












 

Good stuff, Mr. Mack. 

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