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Feb. 23, 2010

The View - Insider's Viewpoint: Dead Cap Bounce

By MICHAEL GOTTLIEB CREJ Editor I just couldn't help but shake my head in disbelief.

By MICHAEL GOTTLIEB

CREJ Editor

I just couldn't help but shake my head in disbelief.

At a recent forecast event, one of the speakers - a prominent, respected manager of high-profile Los Angeles properties - had just projected that interest rates may rise 150 to 200 basis points in 2010, when the moderator asked him for his outlook on capitalization rate increases in his market this year.

His response was that there wouldn't be any. He...

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