Recovery Extends to Second-tier Markets
The Richmond Times-Dispatch reports that with an increase in debt capital availability and a decrease in the number of high return yet low-leveraged commercial real estate investment options in the “fortress” markets, investors are looking to second-tier markets for opportunities. February sales volume fell year-over-year in Boston, Los Angeles, San Francisco and Washington, but rose in Chicago, Detroit and Seattle, according to CoStar data.
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Last Updated on April 9, 2012 by Ramin Seddiq