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August 6, 2008
Forest City, CBRE Feeling Effects of Wobbly Economy
The NY Observer
by Dana Rubinstein
In the worsening economic downturn, some real estate investment trusts and brokerages are showing signs of weakness.
On Jan. 2, stocks of Forest City Ratner parent Forest City Enterprises traded at $43.62 a share. On Aug. 4, they traded for nearly half the price, at $25.60.
Posted by eric at August 6, 2008 8:29 AM