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Wednesday, April 7, 2010 as of 11:14 AM ET

The Casone Exchange
  • April 28, 2011 09:21 PM UTC by Cheryl Casone

    Commercial Real Estate Returns

    I was filling in for Liz Claman today on Countdown to the Closing Bell, and I saw this booking as a gift from the news gods:  a segment on commercial real estate. I remember when everyone and their mother/father/broker was telling me that commercial real estate was DEAD.  There were predictions of a major “crash” and the “bottom falling out”.  I didn’t believe it at the time because if so many people were saying the sky was falling, then smarter than most was trying to figure a way to avert disaster.  If someone yells “fire” you don’t just sit and stare, you save yourself.  Looks like the CRE market is doing just that.

    Fast forward to today when there are big deals being made and an acquisition is just closing between Costar and Loopnet. My interview with CoStar’s CEO Andrew Florance:

    http://video.foxbusiness.com/v/4667601/costar-ceo-on-acquisition-of-loopnet/

jerome

Hey Cheryl what color is the sky in your world??? Who paid you for this one? Want a return of the real estate market...END THE FED!!!!!!

May 1, 2011 at 9:08 am

Jimbo

So glad I moved a little of my retirement money into a REIT about 2 years ago. Anyone see it dramatically falling soon?

April 29, 2011 at 11:51 am

about this blog

  • Cheryl Casone joined FOX Business Network (FBN) in September 2007 as an anchor. Prior to FBN, Casone served as a correspondent for FOX News Channel’s (FNC) business unit and was a regular guest on FNC’s Your World with Neil Cavuto. Casone brings years of experience covering finance, business, and consumer news to FBN.

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