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Commercial real estate prices dropped 3.7% M/M and 13% Y/Y in April, according to a...

Commercial real estate prices dropped 3.7% M/M and 13% Y/Y in April, according to a Moody’s index that is now 49% below its Oct. 2007 peak. The strong get stronger and the weak get weaker, as major markets such as NYC and DC have recovered more than half of post-peak losses, while distressed transactions bounce along the bottom.
Comments (1)
  • Rob Viglione
    , contributor
    Comments (331) | Send Message
     
    At some point cash flows are going to warrant valuations and we should see a bottom. I'd be a charlatan for trying to predict that price point...
    22 Jun 2011, 11:52 PM Reply Like
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