U.S. commercial real estate markets continue to recover, with transaction volume building modestly into 2013, according to CRE news service GlobeSt.com.
Pushing the recovery, somewhat, is the return of the lenders. The Fed has stated interest rates will remain low into 2014. Institutional funds will continue to be allocated for commercial real estate in the form of preferred equity and mezzanine loans. This, coupled with ample, low-cost debt, will drive increased transactional volume.
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