Comments on Commercial Real Estate Vacancy on the Rise (and Climbing)TypePad2009-10-08T17:46:02ZMcKonly & Asburyhttp://www.exuberantaccountant.com/tag:typepad.com,2003:http://www.exuberantaccountant.com/2009/10/commercial-real-estate-vacancy-on-the-raise-and-climbing/comments/atom.xml/CPA Continuing Education Online commented on 'Commercial Real Estate Vacancy on the Rise (and Climbing)'tag:typepad.com,2003:6a00d835360fa069e20120a63aa8b1970c2009-10-14T09:24:20Z2009-10-14T09:24:20ZCPA Continuing Education Onlinehttp://www.cpacampus.comThat is a very interesting observation. I really think that if there is anything that can save us in this...<p>That is a very interesting observation. I really think that if there is anything that can save us in this recession is the real estate market. Coming back to the point it is surprising to see that the graph shows unemployemnt up to 10%. I really hope not. If so, the commercial market and the rest are in some real big trouble.</p>John Olkowski commented on 'Commercial Real Estate Vacancy on the Rise (and Climbing)'tag:typepad.com,2003:6a00d835360fa069e20120a628a2e1970c2009-10-09T13:34:36Z2009-10-09T13:34:36ZJohn Olkowskihttp://www.ekmcconkey.comOne note from an insurance perspective is that vacancy affects the payment of claims. If you are a building owner/landlord...<p>One note from an insurance perspective is that vacancy affects the payment of claims. If you are a building owner/landlord - check with your agent as oftentimes after 60 days claims involving any type of theft or glass breakage will be denied and other perils will reduce in payment by 25-50%. (depends on your policy). </p>