Corion Enterprises News Today

It's been 30 years since commercial real estate market was this bad—and that represents a generational entry point for investment, according to a top developer.

It's been 30 years since commercial real estate market was this bad—and that represents a generational entry point for investment, a top developer said.

“Over the next three to five years, we’re really going to start seeing this," says Columbia's Stijn Van Nieuwerburgh. "This cycle is out of control.”

Boston Mayor Michelle Wu: "We must take every possible action to create more housing and more affordability so that Boston’s growth meets the needs of current and future residents,"

The CEO of Marx Realty says he's been warning about some buildings for six years and they're still in "deep trouble."

“If the banks are this risk-off, and they’re not making real estate loans, the real estate industry will stop,” says Perot.

The U.S. Bureau of Labor Satistics will release May's consumer price index report on Tuesday.

"The wings of the plane are on fire, the plane is coming down," Corion CEO Fred Cordova told Fortune in a reference to Denzel Washington's "Flight".

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