Wells Fargo Exec: Slim Margin for Error in CRE

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According to an article in the Colorado Springs Gazette, Adam Doud, a vice president who heads sales and business development efforts for the Wells Fargo & Co.’s real estate asset management group, says the margin for error in CRE investment is slim to non existent due to rising prices. “The risk has increased because the real estate market is closer to the peak and we don’t know when a correction might come or how severe it could be, so we have to do more due diligence to make sure we don’t lose money for our clients,” he said.

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