CRE Valuations Are Trending Down, Green Street Researchers Warn
National Real Estate Investor | April 06, 2018
Commercial real estate investors can expect that property prices will trend downward in the near future, according to Green Street Advisors, a real estate research firm headquartered in Newport Beach, Calif. It’s a trend the industry is already starting to see. “Value appreciation has practically stopped in aggregate,” said Joi Mar, senior analyst at Green Street, in a webinar on Wednesday about the outlook for commercial property valuations. Green Street's Commercial Property Price Index dipped 1 percent in March and has seen little change over the past two years.