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Charting a Bottom in Commercial Real Estate

CoStar Group CEO Andrew Florance says the Fed will manage a soft delevering of commercial real estate, and while it bottoms, investors may have a rare opportunity.

Mentioned:

Todd Lukasik: Hi, I'm Todd Lukasik, equity research analyst at Morningstar covering commercial real estate services firms and real estate investment trusts. Today I'm very lucky to have with me the CEO and founder of CoStar Group, Andy Florance. Andy, thank you for joining me.

Andrew Florance: Thank you for having me, Todd; it's a pleasure.

Todd Lukasik does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.