3/3/2011 1
Investment Market Review
Presented By:
- J. Scott Adams, CCIM
President, Mid-South Region
March 2, 2011
Part of the CB Richard Ellis affiliate network
Investment Market Review
- Positive Signs in the Economy and Property Markets
- Trends in Property Sales (UP!)
- Trends in Distressed Assets (STABLILIZED!)
TOPICS TO COVER
CB Richard Ellis | Page 16
- The Lending Market Today (IMPROVED!)
- Summary Observations
Positive Signs - Economy and Property Markets
SIGNS ARE POSITIVE IN THE NATIONAL ECONOMY
- Recession over and protracted expansion phase
begun
- Painful reductions in employment begun to turn
around
CB Richard Ellis | Page 17
- Corporate America more profitable and productive,
so the capacity to hire is increasingly evident
- Return of bank credit for small businesses where
the majority of jobs are created
Positive Signs - Economy and Property Markets
SIGNS ARE POSITIVE FOR EACH OF THE MAJOR PROPERTY TYPES
- Especially positive for Office and Multi-Family
- Vacancy
factors well below previous cyclical peaks
CB Richard Ellis | Page 18
p
- Buoyed by job growth expectations and housing
market
Positive Signs - Economy and Property Markets
SIGNS ARE POSITIVE FOR EACH OF THE MAJOR PROPERTY TYPES
- Clear signs of stabilization for Retail and Industrial
- Vacancy factors remain above previous cyclical
peaks
CB Richard Ellis | Page 19
peaks
- Buoyed by increased consumer spending and
rising trade volumes
Trends in Property Sales Nationally
Sales Transactions of $5 Million or greater $121.4
$80 $100 $120 $140
BILLIONS
CB Richard Ellis | Page 20 Source: Real Capital Analytics
$55.6
$0 $20 $40 $60 2009 2010