12 | 21 | 2012
“Buying and selling in the residential market continues to improve at a steady clip despite the lack of adequate supply of new housing out there,” Stephen Hagenbuckle, founder of the real estate private equity firm TerraCap Partners, tells GlobeSt.com. “We expect this activity to transfer over into the commercial real estate market at some point as banks accelerate unloading foreclosed office buildings and retail space.”
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