(This article is excerpted from series of articles I am writing for Summer Street Advisors. For a print version, click here.) As commercial real estate enters the second half of 2011, perhaps somewhat oppressed by fears of European debt contagion, the US government’s games of partisan “chicken” over debt limits, and slow recovery of fundamental demand, it [...]
(This article is excerpted from series of articles I am writing for Summer Street Advisors. For a print version, click here.) The persistent phenomenon of the economic recovery continues to be that of two separate markets. On one hand core metropolitan areas, especially coastal gateway cities are witnessing cap rates and purchase prices on par [...]
Just like thick catsup coming out of a bottle, despite the slow pace of recovery in Commercial Real Estate, transactions are starting to close and momentum is beginning to increase. Some comment on trends in value add transactions they have seen close in recent months.