‘Repricing’ becomes a dreaded word

Adam Roth, executive vice president of industrial services, provided some observations about repricing in this Costar News piece by Ryan Ori as rising interest rates, inflation, and worries of a recession have prompted sellers to accept a less satisfying price or pull properties from the market in hopes of a better offer later.

“If a property was about to sell for over $50 million and now it’s worth maybe just over $30 million, some owners are just deciding to wait before putting it back on the market,” he said.

Read the full article at CoStar