The Shadow Effect

January 26, 2011

One of the mysteries of today’s commercial real estate market is the current dearth of foreclosed properties on the market. After the credit meltdown of 2007–2008, industry professionals expected foreclosed properties to flood the market, but few ever did. Today, brokers and investors alike question why more foreclosures are not occurring. The economic climate is not that much better: Unemployment is almost in double digits, discretionary spending is almost zero, and banks are failing across the country. Many more institutions are conspicuously on life support

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Miami’s Commercial Real Estate Market

January 14, 2011

Miami’s commercial real estate market may not be leading the rebound, but it’s not bringing up the rear either.

That was the message delived by real estate economist Hugh Kelly at the Commercial Real Estate Women 2011 Economic Outlook luncheon Tuesday at the Four Seasons Hotel.

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