Wednesday, October 2, 2013

Auction.com Sells $83M in Two Weeks




National





Auction.com Sells $83M in Two Weeks



IRVINE, CA-The firm closes on 24 commercial assets in 14 states between September 6-20. The highlights included retail and office properties in Louisiana, South Carolina and California.











Historically Low Cap Rates Go Up Slightly



CHICAGO—The recent increase in interest rates pushed up cap rates for retail and office, but industrial remained unchanged.











Apt. Development Seen Tapering in 2014



DALLAS-The research firm predicts that new multifamily construction will slow “until investors and developers see new supply absorbed and market conditions recalibrated.”








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