Investors Inching Out on Risk Spectrum
Investors who want to preserve safety but are ready to slightly increase their risk level are starting to look at commercial properties in the secondary and tertiary markets, noted Ken Riggs, CEO of Real Estate Research Corporation and chief economist for the CCIM Institute, in The Wall Street Journal’s MarketWatch report. Investors are more optimistic about return versus risk, as well as value versus price, for commercial property, according to RERC’s transaction analysis. “Commercial real estate–particularly the apartment sector–is general safer than stocks, and we are seeing sales volume increase by approximately 10 percent on a 12-month trailing basis for apartment transactions of less than $2 million,” he stated. Click here to link to article.