John Levy Claims the Business True Estate Market place is Gaining Steam After Four Many years in the Tank


Richmond, Virginia (PRWEB) March 29, 2013

John Levy not too long ago appeared on Fox Enterprise with host Tracy Byrnes to examine the industrial actual estate marketplace.

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Following 4 intestine-wrenching a long time in the tank, commercial actual estate is staging a robust comeback. Revenue in 2012 were up a whopping 24%, although entirely a third of that action transpired in the 4th quarter.

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Curiously, despite the strong comeback, peak costs are even now on average 20% under the 2007 peak. The sole exception is no shock multifamily, the place some 15 marketplaces are ahead of peak pricing, led by Manhattan, San Jose and San Francisco. We see the market place broadening in 2013 from 10 main markets to fifty marketplaces throughout the region, owing in no little part to the revival of securitized lending (CMBS).

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