Commercial Real Estate Still a Looming Crisis

In a CNBC interview, CEO Daniel Tishman, of Tishman Construction, discussed the ominous future of commercial real estate.  In the interview, Tishman addressed the fact that trillions of dollars will need to be refinanced in the next five to seven years, potentially causing a financial crisis.  Even properties doing well will not be able to be refinanced.  He maintained that the government will need to create new programs to assist all commercial real estate sectors. To view the full video from CNBC, click here.