Experts: Capital Spigots Will Remain Open

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LOS ANGELES-“A year ago, this economic panel was very bullish on the state of the CRE industry based on all the positive data we saw throughout 2010 and 2011 in terms of transaction volume, pricing and capital flows on both the equity and debt sides. As far as this year goes, there’s no doubt you’ll be hearing much the same levels of optimism.” So says Scott Farb, partner of CohnReznick at RealShare Los Angeles. And, on the top of that, he says, the housing markets throughout the country are finally roaring back to life, which was not necessarily the case a year ago. “This is not only great news for the real estate industry, but spells very positive news for the overall economy as well.”