After sharing great information from National Real Estate Investor on Tuesday, we actually came across another great article from NREI that we wanted to share: b Property Valuations Improve in Primary Markets, but Other Regions Struggle.b
Essentially, bidding wars within primary markets are making investors look to other, smaller places for commercial property. So although so far, primary markets have been the main areas showing improvement, this year growth could start reaching secondary and tertiary sites as well. Dan Fasulo, the managing director at Real Capital Analytics, told NREI:
b The price spread between primary and secondary markets has opened to almost a 10-year high, and that will drive investors out on the risk spectrum to capture those deals. It always does.b
The values of multifamily and hotel property have especially seen improvement, and itb s hard to tell what will happen with other CRE sectors. You can learn more about market trends from NREI.
Image by kevinrosseel
Tags: commercial real estate, CRE, Marketplace Trends
