NAR - "Commercial Real Estate Sector Is Strong - Don't Mess With It" (9-15-06)

"Government regulations, if not properly set, could reduce the flow of capital to commercial real estate and weaken a robust commercial real estate market, according to testimony submitted yesterday by the National Association of Realtors® to a House panel."

"In a letter to the House Subcommittee on Financial Institutions and Consumer Credit of the Financial Services Committee, NAR expressed concern that the proposed Basel regulations and the proposed guidance on commercial real estate lending 'underestimate the strength and stability of the commercial real estate market and do not sufficiently recognize the diverse performance traits of commercial real estate.'"