RCA in the commercial property press:

2011 US YTD Volume Ahead of 2010 Numbers

Globe Street reports: Sales volume for the third quarter totaled $49.8 in the US, a 38% year-over-year increase. A noteworthy change in the data indicates that investors are moving beyond trophy markets, such as DC or Boston, and toward secondary markets such as Pittsburgh, Houston, or Minneapolis.

“You can’t have a recovery when only a handful of markets are experiencing the price appreciation and everything else is left out,” Real Capital Analytics founder and president Bob White states. “The recovery is becoming more inclusive.”

Investors are most likely looking for greater yields than what can be found with the usual trophy assets and the large amount of capital in the market is beginning to find a home.

Articles related to this topic:

 Tampa's Multifamily Market Posts Strong First Half
 North Carolina Triangle a Favorite Alternative to Primary Markets
 Hotel Development on the Rise
 Blackstone Agrees to Buy Duke Realty's Suburban Office Holdings for $1.08B
 Kennedy Wilson Increases Assets Under Management with $1.8B Purchase in London
 US Commercial Loan Originations Highest since 2007
 Slow But Steady Pace in CRE Recovery
 Survey Says Banks and Insurance Companies Increasing their Lending
 Hotel Renovations Expected in 2012
 Distressed Las Vegas, Phoenix, and Miami making a comeback
 Capital Markets Continuing to Recover
 Recaps Surge for Office Buildings

Posted by: Kevin Imboden

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