May 21, 2013 | Updated 11:30am

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Sunday, February 10, 2013, 3:00am

Bidding Wars

ULI Boston Perspectives: Capital Markets Outlook Is Robust

Investors Vie For High-Quality Assets In Hot CRE Market


By Carlos Febres-Mazzei

Special To Banker & Tradesman

When considering what capital markets will have in store for us in 2013, it is important to note that the Greater Boston market gets to play from a slightly different set of rules than most other markets in the United States. It is glaringly obvious to many of us that the regional economy is robust: 5.5 percent unemployment, job growth in high-octane sectors, some of the highest income per capita in the country and, contrary to urban legend, population growth in urban areas. To be sure, cost of living will be an ongoing concern for our market, but a multitude of positive trends will more than offset any “brain drain” for the near term.

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