Real Estate Insight in D CEO

D CEO, December 2010 | Photo By: Elizabeth Lavin

November 17th, 2010 by Jessica MacDonald

D CEO magazine recently featured insight from top executives from Dallas real estate firms on the state of the real estate market. Read PegasusAblon principal Mike Ablon’s take on the topic after the jump.

“If one was to chart all of the current real estate debt and view it as an actuary chart, one would find the peak of the bell curve to be in 2013-2015. So wherever we are at in the current market cycle, we could be here for quite a while, as we work our way through all of the deleveraging. The good news for Dallas is that the next big market driver is already here: in-migration. People continue to come to DFW at a rate of more than 100,000 people per year, which will drive new business growth, new industries, and demand for commercial real estate. Dallas, Houston, and Vancouver are slated to be the three highest-growth metropolitan areas in North American over the next 15 years, and we will see significant commercial and residential growth accordingly.” – Mike Ablon

Read the article online: Dallas Commercial Real Estate 2011 Market Predictions