Vornado Realty Trust, other developers seek bailout
The Washington Business Journal reports: The number of empty buildings in Austin is continuing to grow, and current property owners are becoming more distressed, according to two recent reports. Austin has nearly $76 million worth of distressed commercial properties and nearly $1.6 billion in potentially troubled properties, according to a recent report from Real Capital Analytics, a New York based real-estate research firm.
View the full article on The Washington Business Journal: Vornado Realty Trust, other developers seek bailout
Posted by: Nina Turner