Spooked Real Estate Investors Stick To Top Assets

Law360, New York (November 14, 2011, 8:14 PM EST) -- Like a herd of wild horses, real estate investors who were spooked away from risk by this summer's bad news are now investing even more cautiously, focusing exclusively on near-perfect properties in primary markets and testing each step ahead with a tentative hoof.

The action is focused now almost exclusively on high-quality properties in major markets, such as New York, Washington, and San Francisco, experts say, as investors gravitate toward the safest investments.

How can one go wrong, the thinking goes, with an office building on...
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