Commercial valuations are going to be changing dramatically. Speakers at the Multifamily Executive conference also agreed that pricing in virtually all U.S. apartment markets will see dramatic changes through 2009 and probably beyond. They expect markets that saw 4% and 5% cap rate deals to soon start trading at 7% and 8% caps.
The Alt-A and Subprime implosion is now starting to spill over to the commercial markets.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment