According to Greg Genovese, president of securities at Thompson National Properties, the commercial real estate markets are nearing a bottom and “its a good opportunistic time to start investing in real estate.” He cautions investors to carefully assess where they are investing in, in what asset type as well as how much leverage they are going to use. Jordan Sadler, REIT analyst at KeyBanc Capital Markets shared that there are opportunities to be made in REITs. Both agreed that “there’s a bottoming process about to take place in fundamentals, and valuations are actually fair.”
[Data Source: CNBC Mobile, January 28, 2010]
