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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (60017)8/15/2006 6:49:51 PM
From: TradeliteRead Replies (1) | Respond to of 306849
 
I can't comment much on commercial RE as that has always been above my pay grade in terms of expertise, except to say that today's WASH POST carried a story about local-area vacancies (DC/MD/VA) declining, rents going up and mentioning that this is one of the hottest commercial markets in the country. It hasn't always been that way, and who can predict the future. If you get it cheap enough, though, who needs to predict too precisely? <<gg>>



To: Broken_Clock who wrote (60017)8/15/2006 11:04:17 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
You are right on the commercial cap rates. Seems like prices went up even in nonbubble areas. Thank those 1031 TIC exchanges from the coasts for that one. Very few places you can even get as high as an 8% cap rate with solid tenants in place yet most institutional investors got buried in the 90's buying at under 10% cap rates at the onset of that downturn. There are some strip centers in demographically challenged areas at 10%+ though<g>