CoStar Seeks Your Input On The Truth Behind Commercial Real Estate
Mon, Feb 8, 2010
We have so far avoided discussing this weekend’s most tragicomic news , which undoubtedly is the Mortgage Bankers’ Association selling their headquarters for a huge loss in less than two years. The building which was acquired for $76 million was sold to CoStar for $41.25 million. How the MBA is in any way supposed to provide insight on sentiment and market perspectives after a slap in the face such as this is beyond us.
Excerpt from:
CoStar Seeks Your Input On The Truth Behind Commercial Real Estate
Tags: cohen and steers, commercial real estate, cre, headquarters, implications, mortgage, news, outlook, permabullish, taking-the-time, tick-the-market, time, transaction, validity, watch-list


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