"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Tuesday, December 7, 2010

Commercial Real Estate Prices take a hit in October (per CoStar)

Diana Olick recaps CoStar report coming out 12/8/10. Commercial real estate prices took a hit in October. CoStar notes there is a very limited amount of high quality supply which adds to the valuation volatility. Once again, Grandpa maintains the REIT market is ahead of itself and continues to price in absolute perfection while the commercial real estate marketplace is hardly defined as perfection.

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