Last Updated: August 29, 2012 04:32pm ET
VIDEO: Lack of Supply Is Impacting CRE Financing
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IRVINE, CA-Lots of capital chasing very few deals is characterizing all sectors of commercial real estate at the moment, says Michael Derk of Marcus & Millichap, a GlobeSt.com Thought Leader. Derk spoke with Carrie Rossenfeld during RealShare Orange County 2012 and discussed:
- How construction has yet to catch up with demand for product
- Why all product types are experiencing pent-up demand
- How cap rates are being affected by investors being willing to pay a premium for class-A properties
Save the date: RealShare Orange County comes to the Hyatt Regency Irvine on August 22.
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