Market Shift
Over the past month we have seen a real and likely sustained shift in the Commercial Real Estate Market. The five properties we closed in May we all in the $500,000 to $1,000,000 range, but the transactions went smoothly.
Our biggest challenge now is insurance. Getting property insurance on two small apartment complexes was particularly difficult.
Most brokers I talk to are seing an upward shift in activity.
Our biggest challenge now is insurance. Getting property insurance on two small apartment complexes was particularly difficult.
Most brokers I talk to are seing an upward shift in activity.
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