september 2005 real estate pricing it s all relative by martha peyton thomas park and fabiana badillo time space gravitation have no separate existence from matter 1 borrowing einstein might be said that prices interest rates returns on other investments in words relativity matters this theme is the basis for analysis of current commercial which follows over course past 10 years industry has achieved a more mature status improvements reporting better transparency enhanced standards resulted increased investor confidence coupled with solid fundamentals led to strong institutional demand fueled low rate environment an desire predictable fixed income investors driven point at rationality sustainability are becoming concern cap office industrial retail multi family property sales shown exhibit declined several pushing values upward source capital analytics type apartment