Harvey Green | Marcus & Millichap CEO on CNBC Closing Bell

Harvey Green, Marcus & Millichap's CEO recently appeared with Neal Elkin, Real Estate Analytics on CNBC's Closing Bell to discuss the whether the recent decline in Moody's real commercial property price index is a sign of a bottom in real estate.

Mr. Green emphasizes the importance of differentiating property level performance based on transaction vintage with the highest risk transactions in this cycle having been executed in the late stages of the up-cycle. He also highlights some of the differences of addressing distressed assets in the current environment compared to the early 1990s.