By Bendix Anderson, Contributing Writer
The commercial real estate recovery, like the rest of the economy, had a late spring slowdown. “We had a strong first quarter and a softer second quarter as investors became concerned about sovereign debt issues,” says Janice Stanton, senior managing director of Capital Markets for commercial real estate broker Cushman & Wakefield.
Commercial real estate brokers and researchers see a similar stall in momentum. The strongest activity is still confined to [Full Article]
Jul 25, 2012 1:02 PM, By Bendix Anderson, Contributing Writer
Prices keep rising for commercial real estate properties, according to indices kept by top real estate firms—but not as quickly as in the years just after the crash.
“There’s been a pause in the numbers,” said Jeffrey Havsy, director of research for the National Council of Real Estate Investment Fiduciaries (NCREIF). “People are waiting to see… We’ve had some economic uncertainty. Retail sales are sluggish.”
Top indices from NCREIF, Moody’s/Real Capital Analytics, the CoStar Group and Green Street Advisors all show a sharp, [Full Article]