Great blog from Real Estate Journals about the state of commercial real estate.
In yet another sign that the commercial real estate market is in full recovery mode, Marcus & Millichap Real Estate Investment Services recently found that investor confidence in the industry has risen to new heights.
The recently released NREI/Marcus & Millichap Investment Sentiment Index rose to another record high in the first quarter of 2013, jumping three points to a standing of 174.
As Marcus & Millichap reports, this is especially good news considering when respondents were surveyed. Investors were asked about the commercial real estate market in late December and early January. In other words, they were asked about the industry in the middle of the fiscal cliff debate in Washington, D.C. But not enough the uncertainty surrounding this could dim the positive outlook for real estate investments.
And this positive outlook is no new thing: Marcus & Millichap reports that it’s been building since the fourth quarter of…
View original post 156 more words