Last evening, the Federal Reserve Bank of San Francisco released its economic letter analysis entitled "Cap Rates and Commercial Property Prices," written by Bart Hobijn, John Krainer and David Lang (read the report here in its entirety) which brings much needed good news to anyone involved in the commercial real estate industry in Miami, Tampa, Fort Lauderdale, or anywhere else in Florida or the rest of the United States.
According to the San Francisco Federal Reserve analysis, real estate investors should see a tremendous "rebound" in our commercial real estate markets.
Please see full article below for more information.
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