| The commercial real estate market continually observes swings within the four different phases of the market cycle. Indicators not only establish where the regional market currently stands, but which way it is anticipated to shift next. This study builds upon previous research, which identifies three major drivers to the shift within phases of the market cycles. These drivers are: Occupancy, Supply and Rental Growth Rate. This study will demonstrate the validity of using these three drivers as indicators through the process of evaluating three submarkets (Apartment, Office and Retail) within three distinctive regional markets (Dallas, Boston and Los Angeles). |
