Hi Friends!
This is your Hard Money Lender in Tucson and the Southern Arizona area, Billy A with a new copy of the Commercial Real Estate Chartbook: Q2 from my friend Paul Kraft at Wells Fargo. Pauls states that Tucson made the list for being in the top 20 lowest office vacancy rates in the nation. Most agree that we would also like to see employment and absorption! Paul suggests that Long-term interest rates have spiked over the past few months and that rising interest rates will test the viability of the recovery in property values.
He also explains that while operating fundamentals for income properties have improved, the bulk of the increase in prices has been driven by exceptionally low interest rates, which have made the income streams from rent more valuable. Overall price appreciation will slow and demand will gravitate even further toward areas where operating fundamentals have improved the most and prospects remain the brightest. For now that still primarily translates to apartments, where demand has been strong and rents adjust relatively quickly. Industrial properties should also hold up relatively well, thanks to continued strong growth in online retailing, the energy boom and improving sentiment in the manufacturing area.
Click here to download a free copy of the full report.
That’s it for this time! Make it another great day!
Your Hard Money Lender in Tucson and Southern Arizona,
Billy A
P.S. I want to be your favorite Hard Money Lender in Tucson and Southern Arizona, so please don’t keep me a secret! Remember it’s not only the grades we make, but the hands we shake.
If you, your friends or family need help with funding, I’d be happy to give them free information without any obligation. Please give me a call at: