Moore: CRE pricing momentum will likely be sustained

05/14/2013 | REIT.com

Commercial property values have reached and even surpassed 2007's valuations, according to Green Street Advisors' Commercial Property Price Index. "Lower rates, an overall drop in yields and real estate catching up to other capital markets has attributed to rising values," says Jason Moore, an analyst with Green Street Advisors. He says the upward momentum in pricing will likely be sustained.

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