Clear Thinking for Real Estate Leaders
Commercial property owners face some daunting challenges, as I discussed in a recent article, which makes me bearish on REITs overall right now. A credit crunch is spiking just as property market conditions are softening – a deadly combination for many owners. Broad expectations of an economic downtown, if not a recession, portend even tougher …
Continue reading “Countercyclical Investment Opportunities For REIT Investors”
The Fed may be done with rate hikes in this cycle, meaning interest rates could soon begin to retreat. Should REIT investors rejoice? Not so fast. My analysis and views on Seeking Alpha.
I’m pleased to have returned again this year as the lead writer for Emerging Trends in Real Estate, released last week by PwC and the Urban Land Institute. Despite the challenges of cyclical headwinds and shifting industry dynamics, industry participants remain largely optimistic and “take the long view.” One of our key themes for 2023. …
Continue reading ““Emerging Trends in Real Estate 2023” Released“
The January jobs report was surprisingly positive, with a significant jump in new hires, a slight bump in hourly wage growth, and continued rise people entering the labor force. Meanwhile, unemployment remains near its lowest level in five decades. These trends are all positive for property markets and the broader economy. Nonetheless, on deeper analysis, …
Continue reading “The January Jobs Report: Lots to Like! But Still . . .”
Job growth is moderating, which will slow property leasing and reduce investment returns. For investors still in the hunt for new acquisitions, market selection becomes that much more important. In my new analysis, I review the consensus market recommendations from several ULI’s annual Emerging Trends reports over the last decade, as well as both recent …
