Commercial Real Estate Market Still Hot

According to a recent article in the Wall Street Journal, the commercial real estate market is still going strong.

Factors contributing to the strong commercial real estate market include:
Consistent consumer spending (good for retailers)
Increased business travel (good for hotels)
Rising land costs have slowed down office construction (vacancies remain low)

Rising interest rates may have little impact on the commercial real estate market, says the Wall Street Journal.  Many investors are institutional meaning that they already have large amounts of cash to play with and do not need to borrow money.

Full article available in the Wall Street Journal.

For more information on commercial real estate loans, contact Pacific Security Capital at 1-800-844-6085 or visit www.pacificsecuritycapital.com