21.12.2010 - Real estate investors exploring riskier deals
From Reit.com: With investors gaining confidence in the overall health of the economy, they’ve become more willing to look beyond the safest commercial real estate assets, according to a new report from PricewaterhouseCoopers LLP (PwC). The market downturn had investors looking almost exclusively for trophy assets in top-tier markets or properties available at steeply discounted prices, PwC said in the “PwC Real Estate Investor Survey” for the fourth quarter of 2010. Now, though, they’re beginning to seek out opportunities in secondary locations, as well as evaluating less high-profile assets, according to the report..............................................Full Article: Source
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