Overall, the commercial real estate market did well in 2019 and depending on what market you were in, it did very well. It is based on property type and location which seems to always be the case but there was a lot of continued interest in commercial real estate investments. multifamily and industrial in particular saw huge growth and interest and most predict this will continue for another year or two.
Regardless if a recession is on most CRE professional’s minds, there is no doubt that some recent changes to the world economics may have affected the way we think. With the scare of the Coronavirus causing the markets to dip, it may have been a wake up call to some stock investors that their money may not be as safe as they once thought. Couple that with the Federal Reserve dropping interest rates again and it may give the real estate market another boost for the upcoming years.
