Office Oversupply Looms, But Global Economies Look Solid,
Commercial Real Estate Economist Says
Not exact matches
«Right now, industrial is the cream of the
commercial real estate crop, and the trends driving the sector — including e-retail, cloud computing and legalized cannabis — show no signs of abating,» says Peter Muoio, chief
economist at Ten - X.
Earl Sweet, senior
economist and managing director at BMO Capital Markets has stated that «After a severe and protracted market downturn in the 1990s, the
commercial real estate industry in Canada has been characterized by cautious development and prudent lending practices.»
With the price of
commercial real estate having been bid higher, construction activity has been triggered,» says Anbir Basu, chief
economist for Associated Builders & Contractors, Inc., a national construction industry trade association.
U.S. Small Business Administrator Maria Contreras - Sweet joined National Association of Realtors ® Chief
Economist Lawrence Yun at an event highlighting small business issues and
commercial real estate.
Barbara Byrne Denham and Victor Calanog are
economists at Reis, Inc, a provider of
commercial real estate data and analytics.
The last thing they want to walk into is a situation where a tenant paying above - market rents files for bankruptcy or closes a store and leaves them in a situation where they will be unable to re-lease the space and still get the same rents, notes Robert Bach, senior vice president and chief
economist with Grubb & Ellis, a Santa Ana, Calif. - based
commercial real estate services firm.
We asked some of the most highly - respected
economists what the
commercial real estate industry would look like for the next twelve months.
Commercial prices will plateau and may fall in large markets, but secondary markets will experience sustained demand and stable
real estate prices, according to Lawrence Yun, National Association of REALTORS ® (NAR) chief
economist.
E-commerce growth continues to fuel demand for most of the country, and industrial properties, both manufacturing and warehouse, remain one of the best performing asset classes in
commercial real estate, said Jeffrey Havsy, CBRE's chief
economist for the Americas, in a recent statement.
NAR's chief
economist, meantime, cautions that while the underlying fundamentals of the U.S. economy also look good for residential and
commercial real estate markets next year, a number of variables might cloud the economic outlook.
Commercial prices will plateau and may fall in large markets, but secondary markets will experience sustained demand and stable
real estate prices, according to Lawrence Yun, National Association of Realtors ® chief
economist.
CHICAGO (November 3, 2017)--
Commercial prices will plateau and may fall in large markets, but secondary markets will experience sustained demand and stable
real estate prices, according to Lawrence Yun, National Association of Realtors ® chief
economist.
Lawrence Yun, NAR chief
economist, says the appetite for U.S.
commercial real estate property was strong from foreigners last year and shows little signs of slowing in 2017.
Small Business Administration (SBA) Administrator Maria Contreras - Sweet is joined by NAR Chief
Economist Lawrence Yun and
real estate professional Louis Nimkoff, principal of Brio Companies in Winter Park, Fla., to talk about Small Business Administration loans that can be used for small
commercial property purchases, business expansion, and to cover operating and other business expenses.
That's according to
economists at the Economic Issues and
Commercial Real Estate Business Trends Forum at the 2011 Realtors ® Conference & Expo yesterday.
National Association of Realtors ® Chief
Economist Lawrence Yun joined
economists and research experts from leading
real estate firms during a panel discussion about the major forces shaping
commercial real estate markets.
National Association of Realtors ® Chief
Economist Lawrence Yun joined leading investment experts during a panel discussion about recent trends in
commercial real estate markets.
Lawrence Yun, NAR chief
economist, expects
commercial real estate activity to hold steady heading into the spring.
NAR Chief
Economist Lawrence Yun will also share residential and
commercial real estate market updates and forecasts.
«We see the office vacancy rate climbing toward the end of the year, which is something we've been anticipating as job creation slows,» says Sam Chandan, chief
economist for Reis, a New York - based
commercial real estate research firm.
These factors have helped the
commercial real estate sector recover from the downturn stemming from the Great Recession, but they also are contributing to a growing sense among
economists that the era of highly favorable monetary policies will soon end.
REALTORS ® who work with
commercial properties can expect overall conditions to show continued signs of improvement during the next few years — but
commercial real estate practitioners need to keep a close eye on the Federal Reserve, which is poised to raise interest rates in 2015, NAR chief
economist Lawrence Yun said Friday at the REALTORS ® Conference & Expo.
According to the ULI report, a survey of 43 of the
commercial real estate industry's top
economists and analysts, the national office vacancy average should drop to 13 percent by the end of the year, 12.5 percent next year and 12 percent by 2017.
, who will share perspectives on housing finance and student debt; political pollsters Peter Hart and Bill McInturff, who will offer insights into the mood of the country and its impact on the 2016 presidential and congressional campaigns; investigative journalist and author Bob Woodward, who will share his thoughts on the presidential elections, and Wells Fargo
economist Mark Vitner, who will discuss financial and
commercial real estate markets.
Some
economists believe that FIRPTA has harmed the U.S.
commercial real estate industry and held back economic growth.
With interest rates poised to rise, NREI recently talked with Richard Barkham, Ph.D., executive director and global chief
economist at
commercial real estate services firm CBRE to discuss what lies ahead for the U.S.
commercial real estate market...
«It's not a large number in the context of the age of the nation's bridges and highways,» says Heidi Learner, chief
economist at Savills Studley, a
commercial real estate services firm, of the proposed $ 200 billion.
NREI spoke with Heidi Learner, chief
economist at
commercial real estate advisory firm Savills Studley, to shed more light on possible implications of the proposed tax reform.
Once again, the chief
economist at Cassidy - Turley, Kevin Thorpe, is predicting a great year for
commercial real estate in the Denver area.
Economists Brad Case, Calvin Schnure and the rest of the Nareit economics team offer their commentary on the state of the market, the outlook for
commercial real estate and breaking macroeconomic news.
CBRE's global chief
economist, Richard Barkham, shares his insights on global economic trends and their impact on
commercial real estate markets worldwide.
«Given no major surprise in the data, the national outlook for
real estate market remains essentially unchanged, with home sales expected to squeak out slight gains in 2016 and 2017 while
commercial building vacancy rates should continue to fall,» said NAR Chief
Economist, Dr. Lawrence Yun.
Calanog and his team of
economists are responsible for data models, forecasting, valuation and portfolio services for clients in
commercial real estate.
According to NAR Chief
Economist Lawrence Yun, demand across all sectors of
commercial real estate should see modest but increased demand as a result of a strong labor market and growing household formation.
WASHINGTON (October 9, 2015)-- U.S. Small Business Administrator Maria Contreras - Sweet today joined National Association of Realtors ® Chief
Economist Lawrence Yun at an event highlighting small business issues and
commercial real estate.
Robert Bach, chief
economist with Santa Ana, Calif. - based
commercial real estate services firm Grubb & Ellis, thinks it will take 10 to 12 months before the economy begins to recover.
George Ratiu, Research
Economist, writes regular economic columns and conducts research in the areas of
commercial real estate, international investments, mortgage performance and foreclosures.
Barbara Byrne Denham serves as an
economist and Victor Calanog as chief
economist with Reis, Inc, a provider of
commercial real estate data and analytics.
Commercial real estate markets are expected to continue to firm in the next three years, albeit possibly not as robustly as during the past three, according to a recent survey of industry
economists.
The question of who wants space in a former industrial building can almost be narrowed down to a dress code, says Paul Leonard,
real estate economist for
commercial research company CoStar Portfolio Strategy: «It's people who don't wear a tie.»
In the following Q&A,
Economist Walter Kemmsies, managing director and chief strategist of the U.S. ports, airports and global infrastructure group at
real estate services firm JLL, shares his views on the how these tariffs and a potential trade war could impact international trade, the U.S. economy and
commercial real estate.
Barbara Denham,
Economist with Reis, joins show host Michael Bull on America's
Commercial Real Estate Show to discuss the office sector forecasts for 2018 in Atlanta.
With election day less than a month away, Andrew Nelson, chief
economist of Colliers International, one of the world's biggest
commercial real estate brokerages with 16,000 agents in 66 countries, expresses disappointment that the economy hasn't attracted much attention in the campaign, except for globalization and talk of protectionism to save American jobs.
Live from the Realtors Land Institute Conference & Expo, Michael Bull and America's
Commercial Real Estate Show interviews Dr. Mark Dotzour, Chief
Economist and Director of Research for the
Real Estate Center at Texas A&M University.
Join the NYC Network Group as they host this event where the NYC Chief
Economists Discuss Factors Impacting
Commercial Real Estate on April 18 from 8 a.m. to 5 p.m. at the New York Hilton Midtown.
As the world's economies rebound, developers have embarked on a construction spree that will create a «scary» amount of office space, says Kevin Thorpe, global chief
economist at
commercial real estate brokerage Cushman & Wakefield.
Join CCIM Institute Chief
Economist K.C. Conway for an overview look at the trends shaping the future of the
commercial real estate industry.
«Assuming Denver does fare well from an employment perspective, that will underpin continued success in the
commercial real estate sector,» said Matt Vance,
economist and regional research director for CBRE in Colorado.