The good and bad news is that buoyed by a flood of capital, this year will be the biggest for CRE ever, said economist Sam Chandan, Ph.D., during Trigild s recent 15th Annual Lender Conference here.
Source: www.globest.com
Buoyed by a flood of capital, this year will be “the biggest for CRE ever.” as he value of US commercial real estate transactions in the first half of 2015 jumped 36% from a year earlier to $225.1 billion, ahead of the pace set in 2006, according to Real Capital Analytics.
Despite the record numbers, moderate economic growth, an improving labor market and marginally higher interest rates imply more-limited appreciation rates on the horizon.
In this climate, it is more challenging for investors to say no to deals as the tendency is to take the deal.