UNLOCK THE POWER OF THE VAULT

Economy Watch: Commercial Property Valuations Gain in April

May 3, 2017

Economy Watch: Commercial Property Valuations Gain in April

April 28, 2017 | by Dees Stribling | Commercial Executive Property

The commercial real estate industry saw its strongest price growth since the election, according to Ten-X’s latest Commercial Real Estate Nowcast. CRE pricing has risen 9.6 percent in the last 12 months, the strongest annual growth rate since early 2016.

Commercial real estate valuations nationwide grew by an average of 1 percent during April, representing the industry’s strongest price growth since the election in November, according to Ten-X’s latest Commercial Real Estate Nowcast. The monthly uptick comes after generally tepid growth in valuation during the months after the election, including a 0.5 percent increase in March.

The report also noted that CRE pricing has now risen 9.6 percent over the last 12 months, which is the strongest rate of annual growth since early 2016.

Read Full Article Here

 

Print Friendly, PDF & Email
Go Back
Gregory De Jong, CFP, Co-Founder of Paragon Advisors, LLC.
July 7, 2015

Blue Vault is just what advisors need to size up the different offerings in the nontraded REIT market. Just as importantly, it’s what the industry needs to encourage best practices among REITs.