201 Street

Great post over on the Seeking Alpha blog going into the underlying reasons the commercial real estate market will fall

Reggie uses some very basic CRE pricing models to show the price is out of control for the larger CRE investor. Whether this is just one market or across the board is not mentioned in the post. This is quite important as other people are saying the prices are softening but not necessarily deflating and then you have Sam Zell saying the prices have to go up because of supply and demand.

So in one day three people give three different views on the commercial real estate market.  Which one do you trust?