Real Estate Investors Ready to Pounce.
January 19, 2011 Leave a comment
“Opportunistic real estate investors predict 2011 will dish up more deals like the jaw-dropping short sales that made headlines, and huge profits, for speculators in 2009 and 2010.
Potential local investors include large firms like Harsch Investment Properties and smaller outfits like Menashe Properties. Gerding Edlen Development Co. and ScanlanKemperBard Cos., two firms better known for taking big hits in the recession, could also be big players in 2011.
Grubb & Ellis, the commercial real estate firm, has identified Portland as one of the nation’s top 10 investment markets in three categories — office, industrial and retail — in 2011.”
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Yet another signal to investors of all levels. Portland is primed to become one of the top investment hot spots in the next few coming years. With prices continuing to soften, affordability is up and investments are on the rise.
Curious to learn more about our current market? Give us a call today, coffee’s on us – let’s talk!
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Article Courtesy of:
Portland Business Journal
Wendy Culverwell
