I agree with some ‘best advice’ tips noted in Commercial Investment Real Estate’s Jan/Feb ‘09 issue.

  • “Invest in publicly held REITs - they will lead the recovery.”
  • “Focus on 24-hour coastal cities: Seattle, San Francisco, and Washington, D.C., are the top three investment markets.”
  • “Buy or hold multifamily, hold office and hotels, and buy residential building lots, but be prepared to hold.”
  • “Purchase distressed condos in urban areas near transit.”

Besides, it’s better to focus forward than get lost in the present dire reality of the state of the commercial real estate market. Some forecasters are saying 2011 before we pull out of this. In the Bay Area, I think we’ll come out of it before then, maybe even 2010.

To view the full article, visit http://www.ciremagazine.com/article.php?article_id=1321

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