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Midwest Has Lowest Overall CRE Value vs. Price
5/22/2019 · by Situs · Nominations · Research and Background Documents
For overall commercial real estate (CRE), value vs. price ratings were lowest for the Midwest compared to all other regions. However, values are still generally supporting prices in the region. The hotel and industrial sectors rated highest among all property types in the Midwest region of the U.S. for its value vs. price while the apartment sector fared the worst in that category. For return vs. risk, the industrial sector ranked highest while the retail sector was in last place among the property types. That’s according to a survey of regional correspondents conducted for the 4Q 2018 Situs RERC Real Estate Report, “Staying on Track.”
Tags: value · price · office · hospitality · industrial · midwest · retail · multifamily ·