Optimism Improves Among CRE Execs, Despite Uncertainties
ByAbout 64 percent of real estate executives interviewed after the election say the Trump administration’s agenda will have a moderately or significantly positive effect on the industry.
The U.S. CRE market is looking at a rising level of confidence, stiffer competition from single-family residential for the nation’s housing dollar, and concerns over rising prices and falling cap rates, according to the eighth annual Akerman U.S. Real Estate Sector Report, released last week.
Since the U.S. presidential election, the report from U.S. law firm Akerman LLP indicates that 53 percent of investors and lenders are more optimistic about the 2017 outlook for the U.S. CRE market, compared to last year’s 38 percent. This increased investor confidence arises from the prospects of deregulation, tax reductions and stronger economic growth…
Optimism Improves Among CRE Execs, Despite Uncertainties
