While the online marketplace is a viable option or platform for marketing and transacting certain assets, there will always be a need for boots on the ground to assist in asset sales, C&W's Eric Paulsen tells GlobeSt.com.
While San Diego's strong economy has shown recent signs of slipping, its industrial prospects remain among the brightest in the country, according to a recent report from Ten-X.
Many investors are uncertain as to the staying power of the expansion, and interest rates are likely to rise further, suggesting that price weakness could persist following the amazing run-up that we have seen, Ten-X's Peter Muoio tells GlobeSt.com.
The real estate veteran and former Ten-X executive joins Cushman & Wakefield as managing principal of its Orange County and Inland Empire offices, providing leadership and helping oversee strategic focus, growth and talent management.
Price appreciation, higher loan-to-value and borrowers taking on greater amounts of debt are some trends to watch out for in the housing realm, Auction.com's Steve Price tells GlobeSt.com.
The private equity firm's acquisition of a majority stake gives the online real estate marketplace “the scale and resources to accelerate our growth and further expand our platform and product offerings,” says Ten-X CEO Tim Morse.
Although the results vary among the five major sectors, “there is no denying the overall softening of commercial real estate pricing,” says Peter Muoio at Ten-X.
So says Ten-X's chief economist and EVP Peter Muoio, who will be speaking at the annual Trigild Lender Conference here in October. Muoio says the cycle's longevity is starting to have an impact on the way commercial real estate investors are thinking.