Qualified Optimism for Commercial Real Estate Outlook
Wednesday, June 15, 2011The Shenehon Center for Real Estate at the University of St. Thomas Opus College of Business today released their third Minnesota Commercial Real Estate Survey pointing to a greater optimism by developers, investors and finance professionals within the commercial real estate field. A panel of 50 industry leaders participated in the twice-a-year poll, delivering views on six questions regarding expectations and future markets for conditions between now and 2013. The survey, a real estate crystal ball for the Twin Cities, serves as a forecasting tool for the industry based on future expectation of rents, occupancy, land price, building materials, rate of return, equity/LTV and composite. The study is available at http://blogs.stthomas.edu/realestate/.
University of St. Thomas Press Release, 06/15/2011