Costar… The commercial real estate market is continuing to adjust from “bubble” prices as 70.2% of the acquisitions made from 2005-2007 and subsequently sold in the first quarter of 2011 sold at a lower price, according to the latest release of CoStar’s Commercial Repeat Sales Indices (CCRSI). Comparatively, 40.5% of acquisitions made before 2005 and subsequently sold in the first quarter of 2011 sold at a lower price. 55% of the first quarter 2011 sales… Continued here: Properties Previously Bought at Peak Exerting Downward Pressure on Current Prices Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net
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