Wow, what a year! Our team certainly had a busy and productive 2014, although this does not hold true throughout all asset classes and market sectors. The local commercial real estate (CRE) market has absolutely turned the corner and is on the upswing in both number of deals as well as pricing, depending on factors such as asset, asset class, and location. A year ago, this report used the words “slowly emerging” when describing the marketplace. Six months ago, the message was “recovery is the theme of the day”. Now our feeling is “hold on for the ride”. The general consumer seems to agree and understands that now is a good time to get back into real estate. Prices have bottomed and started to trend back up (albeit slowly and reasonably). Interest rates are still at all-time lows and sellers remain anxious to get deals done.