National Real Estate Investor
Beth Mattson-Teig | Jan 03, 2019
The current economic upswing will officially celebrate its 10th anniversary in the first quarter, which is prompting some in the commercial real estate industry to take a hard look at where the economy might be headed. A new report written by CCIM Economist K.C. Conway suggests that there could very well be a disruption ahead in commercial real estate finance—even if it's a minor one—within the next 6 to 18 months.
The results of CCIM's Q4 Commercial Real Estate Insights Report is not necessarily an ominous “the sky is falling” forecast. Given the upcoming 10-year mark, it is prudent to look at some of the factors that could go “bump in the night” at this mature stage of the cycle and potentially cause some problems for the economy and for commercial real estate, notes Conway. The report takes a look at past recessions dating back to the 1950s to see if there are any common themes that provide clues to not only when the next disruption might occur, but what could cause it, he says. Read more.