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Commercial Real Estate asset valuations are cyclical. In the U.S., since 1929, the worst bear markets for CRE were characterized by: Asset price declines of
Commercial Real Estate asset valuations are cyclical. In the U.S., since 1929, the worst bear markets for CRE were characterized by:
- Asset price declines of 30-45%
- Market recovery periods of 6+ years
- Neither (a) nor (b)
- Both (a) and (b)
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W Melicher, Edgar Norton
13th Edition
0470128925, 9780470128923
