20.08.2012 - Commercial rebounding with less-than-$5 mln sales: Mortgages
Sales of small buildings across the U.S. have risen this year to the highest since 2008 as buyers take advantage of prices that have yet to rebound from the property crash and increased access to financing. Improved demand would help broaden a commercial real estate recovery thatís so far been confined to trophy office towers, apartments and malls to a broader swath of the market. Loans for properties valued at less than $1 million account for almost a third of commercial mortgages held by banks, according to Trepp LLC...............................................Full Article: Source
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