East West Commercial Real Estate

2nd Wave Commercial Real Estate – 2:05 NATS – Roadway 0:04 [SUPER] Cody Jennings – Videographer cjenning@ksla.com “In general what happens in recession is consumers stop buying. There’s always going to be a time where we just look in the store windows and we say, there’s just nothing I want. I’m going to go home”. 0:11 [SUPER] Chris Combs – Professor of Economics – Louisiana State University “We may window shop but we don’t see anything that we actually want to take out our wallets and hand over our hard earned dollars for”. 0:18 [SUPER] Tim Shaughnessy – Professor of Economics – Louisiana State University “Most people if you ask them how the economy is doing they are going to think about their job first”. NATS – Chain “And so when there’s ten percent unemployment they are going to say the economy is not doing well”. NATS – Wench “I drive down Youree Drive and relatively speaking things are going well but in the middle of a slow down we still see these things going up. You still see these strip malls and I think well it has to be because they consider it a fixed cost. They have already paid for this, they’ve already got the loan”. “Everyone has pointed to the fact that there has been no liquidation”. 0:48 [SUPER] Joe Salerno – Professor of Economics – Lugwig Von Mises Institute “Of the prices of commercial real estate. That is that they have not returned to levels that many people would see as realistic. So that certainly could be a second wave”. NATS – Hammer Time …