Commercial Property Herald: Some Say Commercial Property Market to Hit Bottom in 2010

Commercial Property Herald is written for the benefit of anyone in the commercial real estate, landlord tenant business. This includes property managers, lenders, owners, tenants. Subjects may include evictions, collections, foreclosure, management issues and bankruptcy matters relating thereto. It will contain helpful legal & business information as well as updates on the world of commercial real estate. The information contained in this Blog is for information purposes only and does not contain or constitute legal advice. You should not act or refrain from acting based upon any information posted on this Blog without first seeking the appropriate professional or legal advice

November 05, 2009

Some Say Commercial Property Market to Hit Bottom in 2010

Finally an article on the state of the commercial real estate market that I can almost agree with. Roger Vincent of the LA Times reports in Commercial property market to hit bottom in 2010, report says, that many experts believe that the commercial market will hit bottom in 2010. The report, a study by PriceWaterhouseCoopers and the Urban Land Institute further says that the commercial property market has been stuck in neutral.

I think that "neutral," description is pretty accurate although I might describe it as "neutral, looking down." I also don't think the "looking down" will remain looking down but more like "going down," in 2010 with a bottoming out in 2011 with some aggressive investing by those with cash in mid 2011.

Nov 5, 2009 5:44:33 AM | Current Events, Foreclosure

The comments to this entry are closed.

The Vitamin Shoppe - Positive News The Vitamin Shoppe raised $155 million by selling 7.7 million shares in the first retail chain IPO since November 2007

The Future is Skilled Nursing & Assisted Living Facilities Investing in long-term care and other health care related facilities through mortgage loans,facility lease transactions and other investments may be a more conservative but likely profitable approach to senior living that I could get into.