Current Asset Valuations Questioned

NEW YORK CITY-In today’s economic environment, it’s tough to know the value of commercial real estate assets. Some say that a recent increase in deals is pushing property values higher, while others say the volume of transactions is still too low to consider a bounce back, says the Wall Street Journal .

One case that the market is improving could be the acquisition of 1625 I St. in Washington DC for $203.4 million by HSBC Alternative Investments. However, there is a long road to recovery, according to research firm Real Capital Analytics, which says there were $54.4 billion in deals last year, down from $181.6 billion in 2008 and $557.8 billion in 2007, the article says.