It's been a dozen years since all the major property types posted annual declines in a single month (April), marking the first time since September 2010 that widespread negativity prevailed, according to the RCA CPPI National All-Property Index.
Even the industrial sector slipped when it experienced both monthly (0.5%) and annual (0.85) price drops.
GlobeSt.com this week reported that industrial, still exhibiting strength, is potentially facing problems from corporate debt maturing into unfavorable financing conditions and rising vacancies from new inventory coming out of construction.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
