Continued Solid Investment Returns Expected
ByNetwork with the nation’s top CRE dealmakers at RealShare APARTMENTS in Los Angeles on Oct 21-22,RealShare INDUSTRIAL in Atlanta on Nov 3-4, RealShare NEW LEASE WEST in Los Angeles on Nov 11-12 andRealShare HEALTHCARE REAL ESTATE in Scottsdale, AZ on Dec 2-3.
According to Earl Webb, Avison Young’s president of US operations, conditions in the overall US real estate market remain solid.
LOS ANGELES—“In spite of the topsy-turvy stock market, conditions in the overall US real estate market remain solid.” That was according to Earl Webb, Avison Young’s president of US operations.
GlobeSt.com was in attendance at Avison Young’s annual meeting last week, where Webb pointed out that “job growth, supply constraints and ample debt availability all contribute to continued solid investment returns.”
He explains that “Year-over-year vacancy rates have declined in step with declining cap rates,” adding that “Year-over-year we’ve seen a 35% growth in capital invested in commercial property, both from foreign and domestic sources.”…
