Commercial property prices fall for fourth straight month
Financial Week reports: Commercial real estate prices in the U.S. declined in
June for the fourth straight month, falling 3.3% from May levels as
measured by the Moody’s/REAL commercial property price index (CPPI).
RCA's Dan Fasulo noted “The overall composition of buildings that are
transacting has changed, with more weight from higher-quality buildings
due to an overall flight to higher quality among investors." He added that investors are now “more cash-rich buyers
who were being outbid by debt-heavy buyers in the past.”
View the full article on Financial Week: Commercial property prices fall for fourth straight month
Posted by: Nina Turner