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Saturday, July 23, 2011

What Borders' Bankruptcy means to Local Investors

I found this link on Yahoo. They begin by discussing what Borders Book Seller did wrong, causing them to file Bankruptcy. However, the discussion quickly turns to the impact of the now vacant retail real estate that Borders will leave behind will have.

Howard Davidowitz does an amazing job of describing the ripple effect that Borders' demise will have on investors, small banks, and developers.

It's a case study in the impact of Real Estate on the economy.


Erin Goldbach
Broker
Vanguard Platinum Realty
602 524 0186
Erin@eringoldbach.com

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