Bob Champion doesn’t use the word recovery. Instead, the president of Los Angeles-based
Champion Real Estate Co. sees today’s conditions as drifting back down toward earth.
“The industry is not ‘recovering,’” he told CPE. “Instead, it is coming to grips with the re-
ality that growth will be very slow, only occurring in specific niches, while at the same time
the industry will continue to deleverage.”Read More