Real estate industry players are already bragging about the "generational opportunities" that are going to be available courtesy of the current commercial real estate market shakeout.
Property values are down almost 40 percent ....
At 04:12PM on January 12, 2010 - Ted Harris said...
properties down almost 40% says the article ... and some down a lot more than that - so many places can be had for well-below cost to rebuild ... fantastic opportunities abound for those who perform their due diligence!
At 06:12PM on November 22, 2009 - Will Barnard said...
Great article by the way, love the second comment in the article the most!
At 06:06PM on November 22, 2009 - Will Barnard said...
Of course the other side of that coin is the flip potential of this opportunity. Buyt low in the coming few years and sit on them until the recovery comes then sell. The appreication to both market and forced could be huge.
That said, cash flow now would be quite helpful in holding.
At 11:51PM on November 21, 2009 - Jon Klaus said...
Good warning. I think that if you buy properties that cash flow well, it doesn't matter that the rebound might be years away.
Comments