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A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.
Investors are flooding back into the commercial real estate market, powered by a steep rise in liquidity from sources across the finance spectrum. That’s despite stubbornly high borrowing rates.
Bidding for properties in July posted its strongest monthly improvement in a year, according to quarterly bidding and credit indexes released Tuesday from JLL. The month also saw the second highest count of unique bidders in the index’s five-year history. Competition among lenders is also well above previous record highs, according to JLL.
“An…
