Tuesday, January 3, 2012

CRE A Good Bet

Roger Vincent writes for Los Angeles Times: Investors see commercial real estate as a good bet.
Despite the economy, investors are bullish on the prospects for office buildings, the largest commercial real estate sector, a survey finds. Apartments are viewed as the most favored category
"Investors continue to view the apartment sector as an attractive play in delivering steady cash flows driven by solid rental demand and rising rents," said Susan Smith, editor in chief of PwC's survey. "As a result, investors view this sector as a hotbed for further investment activity."
With 2011 behind us, 2012 looks to be promising to our recovering industry. Happy New Year indeed everyone!

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