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Commercial Real Estate is Picking up
April 21, 2010

The commercial real estate market was hit pretty hard during the economic crisis, however recently property prices are seeing a slight incline when compared to the fall of 2009.  Foreclosures still remain an issue in the commercial real estate market, yet according to Richard Parkus, Deutsche Bank analyst, nearly $13.7 billion in loans have been modified in the last six months.

Commercial real estate values have also inched up 6%, according to Real Capital Analytics, after falling 45% between the years 2007 and 2009.  As the property values have hit bottom and lending standards have toughened up, the doors have re-opened for investors once more.

Even as the commercial real estate market continues to be somewhat challenging, the recent reports show that there are some positive signs that the market could very well be perking up!