Podcast

With more capital available from select sources and increased demand for less volatile investments, institutional-level commercial property prices are on an upward trend, according to the current issue of the RERC/CCIM Investment Trends Quarterly. In this podcast, Ken Riggs, CCIM, CRE, MAI, the chief real estate economist of the CCIM Institute and president and CEO of Real Estate Research Corporation, cautions that the commercial real estate market is increasingly divided, with some historically high prices being paid for institutional properties in top-tier markets, while other markets are seeing little or no transaction activity other than distressed property sales.