Is Commercial Real Estate Getting Better or Worse?

According to a recent report from Moody’s, commercial real estate prices increased 4.1 percent in December 2009.  This is the second consecutive price increase in as many months and the single largest monthly increase in the history of the CPPI.  However, prices are still 29.2 percent lower than they were one year ago, and 40 percent below their peak.

Conversely, a report released by Credit Suisse claims the number of distressed loans in CMBS may more than double to $60 billion by years end.  The market is still being depressed by tight credit markets and a flood of bad loans.

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