Spencer Marona, Managing Director
While secondary and tertiary markets continue to perform, cap rates in many urban cores are reaching unprecedented lows, particularly in gateway cities. With the influx of capital pouring into the economy, experts are giving a 50/50 view on the current state of the market.
Are we at the beginning of another down cycle? Are investors ready to deal with the ripples that lead to decreased property values: vacancies and less cash flow? Or do we have a another 12 – 18 months of continued growth and more stability?
Either way, there is no time like now to prepare for better or worse. More can be read in a recent article in Real Estate Forum.
Contact one of our team members to advise you on your investment strategy at (503) 241-5541.