Commercial Real Estate

Commercial Real Estate Detail
Commercial property includes office buildings, industrial property, medical centers, hotels, malls, retail stores, farm land, multifamily housing buildings, warehouses, and garages. In many states, residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes.
The total value of commercial property in the United States was approximately $11 trillion in 2009, as measured by the CoStar Group and published in the Journal of Real Estate Management.[4]
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In Europe, approximately half of the €960 billion of debt backed by European commercial real estate is expected to require refinancing in the next three years, according to PropertyMall, a UK‑based commercial property news provider.[5]
However, the contribution ploughed into Europe’s economy in 2012 can be estimated at around €285 billion according to EPRA,[6] not to mention social benefits of an efficient real estate sector. It is estimated that commercial property is responsible for securing around 4 million jobs across Europe.

Commercial Real Estate
Commercial Real Estate
Commercial Real Estate
Commercial Real Estate
Commercial Real Estate
Commercial Real Estate
Commercial Real Estate
Commercial Real Estate
Commercial Real Estate
Commercial Real Estate
Commercial Real Estate
Commercial Real Estate

You may also like...