It is no secret to anyone in the industry that since the economic recovery started, commercial real estate investment has been one of the hottest markets in the U.S. In fact, a national commercial property index from Moody’s Investors Service and Real Capital Analytics showed year-over-year price growth of 12 percent in 2015. According to the same index, commercial property prices as of year-end 2015 were at an all-time high and 11 percent greater than the pre-recession high.
What has caused such a robust rebound in a relatively short period of time? A number of dynamics have contributed to the recovery, but most industry experts agree that the low-interest rate environment and availability of capital are among the key driving factors.
