Commercial Investment Real Estate

JUL-AUG 2013

Commercial Investment Real Estate is the magazine of the CCIM Institute, the leading provider of commercial real estate education. CIRE covers market trends, current developments, and business strategies within the commercial real estate field.

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COMMERCIAL INVESTMENT July.August 2013 Vol. XXXII No.4 43 26 Indy burns rubber. ¬ COVER STORY FEATURES Chasing Yield 22 Lots of Land Office investors investigate noncore markets. by Beth Mattson-Teig Residential development is boosting values. Valuations When comps are scarce, appraisers must dig deep. by David Moore, CCIM 30 Slow but Steady The economy pushes forward. by Kevin Thorpe 34 2013 Midyear Financing Report MIDYE AR ANALYSIS Cover and above: C.J. Burton/Corbis 39 Small-Market Capital is available — for the right project. by John Scott Jr., MAI, MRICS COLUMNS 2 12 14 16 18 20 President's Desk CCIM Q&A; Financing Focus Investment Analysis Legal Briefs Technology Solutions by Elizabeth Braman, CCIM 36 Development Déjà Vu Multifamily construction is making a comeback. by Rich Rosfelder D E PA RT M E N T S 4 6 42 44 45 46 48 In This Issue Market Trends Regional Outlook International Beat Buyers Guide Deal Makers CCIM Connections July | August | 2013 1

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