clock menu more-arrow no yes

Filed under:

The Cash Rich Shall Inherit the Earth

New, 5 comments

With investors on the sidelines with heaps of cash and bidding wars, the LAT believes the commercial market is showing signs of a rebound, with buyers "looking to snap up office buildings, warehouses, shopping centers and apartments at the market's low, industry observers say. The buyers are choosy, but the most desirable buildings elicit bidding wars when they come up for sale." [LAT]