IS THIS A GREAT TIME TO BUY COMMERCIAL REAL ESTATE?
Come to Us for Central Massachusetts Commercial Real Estate
When I opened my email a few minutes ago a headline struck me - fixed rate for multi family starting at 3.25 % Rates for other commercial property investments are similarly low. And this can include non-recourse as well as recourse.
Why is everybody waiting? Do potential investors feel that prices will go lower than they have? If they do, will interest rates start to go up? And if interest rates go up, will that difference eat up any presumed savings earned by waiting and maybe buying at a lower price?
For your information I've attached a flyer showing the rate structure currently offered through Sperry Van Ness- Better Capital, one of our partners. You may have your own lender that you like to work through. Suggestion? Contact them for their rates today and then let's see if we should talk about an investment opportunity.
The market is really a group of sub-markets with some areas growing and filling in nciely while other areas will take longer to return to full occupancy, When should you invest? What will be your best opportunity for future growth? There really is no cookie cutter answer to this question.
But call us today to see what's available for your approach. Whether you are looking for new orrice or industrial space for your own needs or would like an investment property - that'w what we do.
This article contributed by Robert Yale, CCIM
Sperry Van Ness/ComVest Realty
276 West Main Street
Northborough, MA 01532
508-351-7079
BOBYALE@SVN.COM | FAX 508-393-2336
Your Number One Choice for Central Massachusetts Commercial Real Estate