GlobeSt.com - Commercial Real Estate Investing Strategies for the 'New Normal' - Commercial Property Advisor Article

When Scrooge is visited by Jacob Marley’s ghost in Charles Dickens’ A Christmas Carol, Scrooge initially doubts that he is seeing a ghost, blaming the apparition on bad digestion. Scrooge says, “There’s more gravy about you than grave, whatever you are.” After three hauntings, the old humbug vows to change his ways less he be “captive, bound and doubled iron” for all eternity, perhaps even longer.

With the holiday parties before us, and the rotten financial news about the state of Europe keeping investors cautious, perhaps it is time to reflect on change in the commercial real estate industry.

The economic world is drastically altered. As brainy economist Robert Meulmeester of Cadence Capital Group writes about commercial real estate: “Challenging times are here to stay and we continue our adjustment to the ‘new normal’ as we have yet to really understand what that means, and how you can do business in such an environment… Only once the fiscal and debt impasse have been resolved, a more clearer and optimistic tone will be justified. Capital remains on the sideline as rebalancing has not been completed and sometimes not even started."

I submit for your consideration the following “adjustments” to accommodate the “new normal”:

Read more...GlobeSt.com - Commercial Real Estate Investing Strategies for the 'New Normal' - Commercial Property Advisor Article