Equity One's $600 million acquisition is seen as a sign of recovery

06/1/2010 | American City Business Journals

Equity One's $600 million acquisition of Capital and Counties USA points to a recovery in the commercial real estate markets, industry watchers say. Pricing has finally gotten to the point where it is low enough to tempt investors, says Gavin Campbell, a managing principal at Steelbridge Capital. At the same time, pent-up demand for assets -- particularly multifamily -- will hurry along the recovery, says Brad Capas, a senior director in the multifamily division of Cushman & Wakefield.

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