Apr
16

With No Sale Comps, How Do You Know What It’s Worth?

By
– National Real Estate Investor

Investors have slashed commercial real estate prices by 21% from the peak of October 2007, according to the Moody’s/REAL Commercial Property Price Indices, which show asset prices across property types fell in January to levels not seen since the spring of 2005. But rather than buy into a declining market, most investors are holding out for even greater discounts.

Consequently, transaction activity is stuck in the doldrums. Only 22 large office properties traded nationwide in February. The month’s volume totaled less than $1 billion, fully 80% less than levels a year ago, according to Real Capital Analytics.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://nreionline.com/finance/investors-slash-commercial-real-estate-0401/index.html
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BLOG NOTE:
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This is a great article………..
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Michael B. Dodds, MAI, CCIM, MRICS
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    Categories : National News

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