Why Commercial Real Estate is NOT the Next Bubble
For the last several months, I've been saying that commercial real estate is not collapsing.
John Levy, president of the John B. Levy & Company, shares some really good insights on why he believes this too. First and foremost is that the reduction in values in commercial real estate and the necessity of refinancing undervalued assets are not a surprise. This is something that we've been watching for some time and is not a 'bubble about to burst'. It's already happening and, in fact, institutional investors are preparing for it by readying their funds to take advantage of the situation. Really informative video that's worth every second to watch and does an excellent job of putting the current real estate market in perspective.
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