Preparing for 2021: Determining your CRE Strategy
There has been a historically low number of properties for sale in office, industrial, and retail product types, resulting in a small increase in property values as of August 2020. This has been a direct result of both investors postponing transactions and a government-imposed moratorium on evictions. However, as we proceed into 2021, and as […]
Developing an Effective CRE Marketing Platform for 2020-2021
Investment sales declined almost 70% in the second quarter of 2020 compared to the year prior, down to $40.2 billion. Now, as we enter into Q4, property owners are focused on recouping these losses. However, many property owners are at a standstill, uncertain of which next steps to take. To aid in this process, we […]
2020 CRE Trends Impacting Investor Returns
Moody’s Analytics forecasts that as we proceed into 2021, vacancy rates will continue to rise. Predictions suggest that the U.S. office vacancy rate will hit a historical high of 19.9 percent next year, surpassing the previous record high of 19.7% in 1991. Not only is COVID-19 impacting the market, but so have recent increases in […]