Thursday, March 10, 2011
All Property Types Improving
CRE Investors should be very excited for things to come. According to the latest report from Dividend Capital, all five property types saw occupancy improvements in the 2nd half of 2010. As mentioned previously in this blog, occupancy is increasing because of the low rates of new construction. The report also highlights areas that are fully involved in the recovery phase and preparing to enter the expansion phase where other areas have hit the bottom and are beginning the arduous moving up process. However, it is important to note that all of recovery for REIT's has been due to the liquidity crisis 2 years ago. To read more information on this article and to read it in its entirety please click this link.
Tuesday, March 8, 2011
Prior Economic Woes Are Improving in Tampa Bay
According to recent studies completed by the Tampa Bay Partnership, our economic climate is beginning to unthaw. We are seeing positives in our unemployment rate, the value of our goods and services, transportation & housing. Overall we are faring better than last year but our rate of improvement is slower than other southern cities. However, the key take away is we are moving forward in a positive direction. For more information on this and to read the complete article please click this link.
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