TL;DR
A real estate attorney predicts 2024 trends in commercial real estate, advising to 'move swiftly' despite negative forecasts. US commercial real estate transactions fell more than 50% in 2023.
Today’s news is filled with dire predictions for U.S. commercial real estate, with many lenders (banks) dealing with landlords missing loan payments or defaulting entirely.
(And don’t even ask about China!) Yet somehow the U.S.
economy keeps chugging along. For perspective, that Recession we’ve been hearing and fearing for so long is still “right around the corner.” Sure, it could happen, but it hasn’t.
How will CRE fare in 2024 in the face of all those negative forecasts? Perhaps you’ll find some clues below. U.
S. Fed Chair Powell Says CRE’s Impact on Banking Will Be a Problem for Years Real Estate Attorney Predicts 2024 Trends, Says “Move Swiftly” Opinion: Commercial Real Estate Is in Trouble. Here’s What to Focus On.
U.S. CRE Transactions Fell More Than 50% in 2023, Yet Bargains Remain Elusive Restaurant Real Estate To Remain Challenged into 2025 Says EVP at CBRE For Retailers, Business Is Back But Landlords Say No More Rent Discounts Commentary: Bracing for a Possible Commercial Real Estate “Reckoning” Foreign Investors Reported Cooling on U.
S. CRE How Is ESG Backlash Affecting Real Estate Firms?
In this story
This story was originally published by Eddy Goldberg in Franchising.com on March 22, 2024. Burnaze summarizes and links to the original reporting.
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