The post-recession economic revival is well underway, supporting the revitalization of most commercial real estate sectors, but evolving demand drivers have structurally changed the industry’s investment outlook. As elevated market liquidity and low interest rates align with changes in the marketplace, investors have adapted their strategies, dramatically altering the commercial real estate investment landscape. At […]
After a decade of emerging markets and economies dominating the global market, the tipping point has arrived: growth will begin to balance going forward. In his keynote remarks at CRE.Converge this week, Mark Zandi, chief economist, Moody’s Analytics, and co-founder, Moody’s Economy.com, explained why the stage is set for a U.S. turnaround as growth begins […]
Despite the severe economic downturn of 2020, the U.S. construction industry grew. Direct expenditures for building and nonbuilding construction climbed $51.7 billion to reach $1.4 billion for the year. Total jobs supported by construction grew by 400,000. And construction’s percentage of total U.S. GDP rose from 19.5% in 2019 to 21% in 2020. In the […]