Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (3301)	9/27/1998 3:03:00 AM
From: Larry Abrams	Read Replies (1) \| Respond to of 18998

The effect of financial market turmoil on Commercial Real Estate?? What are your thoughts on the effect of recent financial market turmoil on commercial real estate prices? Especially downtown office building prices I see conflicting effects. Recent turmoil will affect both the supply AND demand for commercial real estate assets. THE SUPPLY EFFECT: The financial press (eg WSJ, Business Week) views it as a positive. Basically, they see reduced financing holding back new building construction, keeping vacancy rates low and prices high. THE DEMAND EFFECT: On the other hand, I view it as a negative. I see reduced financing resulting in reduced bidding by REITS and privates for existing buildings, and prices falling. Your views, if any?