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Article: Commercial real estate's upbeat outlook.
- Article from:
- Mortgage Banking
- Article date:
- January 1, 1998
- Author:
CopyrightCOPYRIGHT 1998 Mortgage Bankers Association of America. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The future still looks very positive for the commercial real estate business. Some trends call for business owners to rethink their strategies and corporate organization to capitalize on emerging opportunities.
It seems to be the best of times in the real estate industry - the moon, planets and stars must be aligned right. Supply and demand are in equilibrium, vacancy rates generally are declining, rental rates are increasing and real estate capital is readily available. Overbuilding is a concern, but more development companies today are publicly held and have access to more data; and strong organizations are subject to market discipline - companies that build ...