
CoStar recently revealed that property management companies that operate less expensive properties may have experienced a stronger bottom line than higher value buildings.
The firm's Commercial Repeat Sale Indices showed a 6.5 percent increase in April when compared to the same point in 2011. This is a significant drop from the growth seen last year, which was in double digits.
There was 774 repeat sales during the month, as well as approximately 100,000 during the period from 1996 to this April, according to the report. The firm's U.S. Composite Index, which is value-weighted, experienced a 2.2 percent drop month-over-month, while the equal-weighted aspect of the index rose 1 percent during the same period, showing a greater number of smaller sales.
The report noted that in the year ending in April, total sale-pair counts rose by nearly 19 percent compared to the same period the year before. In addition, the investment grade segment rose 25 percent during the same point ending in April.
In total, the commercial real estate market has witnessed a decline in the amount of time properties are on the market, the report added. This occurrence during 2012 was the first time it has happened since the recession began.
I encourage you to take advantage of Zoliath. KeyBank is a proud vendor and I am a fan of the site and I know you will find it a critical tool in your success as well...

