Quote:
Originally Posted by chassis
Just listened to a Masters in Business podcast with Barry Ritholtz, interviewing Sean Dobson, CEO of Amherst Holdings, an investment company in residential and commercial real estate.
Commercial real estate has 10%-15% economic vacancy, meaning that much space is not under lease. CRE has 50% physical occupancy, meaning that much space is actually physically used on a given day. Said differently, CRE has 50% vacancy on a given day. Last, physical vacancy is a leading indicator of economic vacancy.
CRE is in rough waters now, and this will not change soon.
Residential RE is a nightmare as noted in previous posts.
Exceptions have always, and will always, exist.
Not an attractive place to put my capital.
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All I know is that I'm SOL because I have no idea what you just wrote. lol