In spite of pressures to lower selling prices, there remains good reasons to sell in today’s current market conditions:
Lenders are increasingly forcing dispositions.
Higher levels of risk and leverage institutional investors took on in the recent cycle has forced some liquidations.
Rising interest of foreign investors in acquiring US property. The foreign investors are raising large amounts of new capital.
Liquidity needs and portfolio allocations play a role in any decision to dispose of assets.
Corporate users and other owner-occupiers are finding sale leasebacks make sense.
Private owners are selling due to death, divorce and partnership conflicts no matter the condition of the investment market.
Simply to pay off debt before the loan needs to be recapitalized.
Source: Tony Casalena, CCIM