Commercial Real Estate Cycles for Q4 2013 — 50 MSAs

Real estate follows repetitive cycles.

A noted specialist in the field of commercial real estate cycles is Dividend Capital’s Dr. Glenn Mueller. Each quarter Dr. Mueller analyzes apartments, hotels, industrial, office and retail properties in more than 50 Metropolitan Statistical Areas (MSAs) across the U.S. He defines four distinct phases. First is Recovery (declining vacancy, no new construction), then Expansion (declining vacancy, new construction), followed by Hypersupply (increasing vacancy, new construction), and finally Recession (increasing vacancy, more completions).

He reported the following changes in occupancy rates and rents:

3-6-14 graph

To download a copy of the report click

Dividend Capital has several Real Estate Investment Trusts (REITS) and specializes in real estate investments. To learn more about Dividend Capital click


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