Posted by Michael Gerrity 11/23/11 8:20 AM EST
(MIAMI, FL) --
Summary: The most ideal time to buy commercial real estate investments appears to have passed. Smart money buys commercial real estate when property values are below replacement costs.
Important segments:
"Don't bet against real estate" was one of the themes at a recent Realtors Commercial Alliance (RCA) conference this past week at the Biltmore Resort in Miami, a day-long event sponsored by the Miami Association of Realtors that focused on the current conditions of the U.S. commercial real estate investment and development marketplace.
According to the keynote speaker, Dr. Randy Anderson, the Howard Phillips Eminent Scholar Chair and Professor of Real Estate at the University of Central Florida, "many real estate market segments have started to strengthen; meaning that someone has already caught the 'Falling Knife' and investors should now be taking a hard look at making real estate allocations."
Anderson showed long-term relative strength of investing in commercial real estate as part of a mixed asset portfolio. Anderson noted that "the smart money has already started to move strategically into the commercial real estate space," and he stated that some of the current investment opportunities are "in places and products that may surprise you."
For the full article and a break down of four commercial property segments read: Someone Has Already Caught the Falling Knife as Smart Money Moves Into Commercial Real Estate, Says UCF Economist
A. Joseph Marshall
Coldwell Banker Commercial
Commercial Real Estate Advisor
Savannah, Ga
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