Starboard Commercial Real Estate

Alex Popov | October 27, 2005

Maybe you should be nervous too.



I usually don't like CNN money, but here is a good article about Smart Money selling..:

The king of real estate's cashing out

"In fact, he sees signs of the tech bubble mentality in real estate. Too much capital is chasing real estate, he explains, with hedge funds, private equity groups, and rich investors all bidding on the same properties. "They've driven prices to the point where the yields on high-quality properties are like the returns on bonds, around 5 percent or 6 percent," says Barrack. "That's too low.""

I was here in San Francisco during the dotcom boom and bust and the current real estate market has the same feeling...

Posted by: Alex Popov Commercial Sales and Leasing Specialist
Office: (415) 477-8474
Cell: (415) 269-1849
http://www.findcommercialspace.com
Posted 14 years, 2 months ago on October 27, 2005
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