The Triangle has enjoyed steady and stable growth over the past several years. Raleigh has been blissfully immune to wild swings in housing and jobs. With a nice base of government/university employers and a diverse pool of technology employers unemployment remains low and housing values strong. Our commercial real estate market benefited from this stability compared to the rest of the world. Buyers could purchase assets with cash flow and risk profiles in our market for less than in other larger "24 hour cities". Historically low costs of capital also fueled this fire. Now the larger macro level markets seem poised for some repricing. Will Raleigh weather this storm with the same strength and grace she exhibited during the boom?
N&O: Deals Get Harder to Finance What Raleigh Developers are Saying
Captain's Blog from Andy Serwer, Fortune Managing Editor What Wall Streets Big Shots are saying.
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