Experienced Senior Financial Planning Analyst with a demonstrated history of working in the retail industry. Skilled in Digital Strategy, Investor Relations, Financial Analysis, and Equity Research. Strong finance professional with a BA focused in Economics from Boston University.
While today’s CRE market is healthier than during the 2008 financial crisis – with over $6.4 trillion parked in money market funds through December 2023– a significant disconnect exists between buyers and sellers.
While the overall economy has proven to be resilient to interest rate increases, the gap between buyers and sellers on cap rates is still pretty significant, which has resulted in lower transaction volumes compared to the prior year.
CBC's 2023 outlook reveals opportunities amidst challenges in commercial real estate.
Mid-year update reveals continued strong CRE investment appetite in 2022.
2022 Outlook: Gear Up for Another Strong Year in Commercial Real Estate.
New green rush? While the Western states mature from the early green rush, cannabis legalization is surging on the Eastern part of the country as states look for economic recovery in the wake of the pandemic. While local laws vary, medical marijuana is legal in 36 states and recreationally allowed in 17 states. Tracking $26 billion in sales for 2021, the legal cannabis industry is expected to reach $46 billion by 2025 (per Marijuana Business Factbook) driven by new markets. States legalizing cannabis are likely to affect neighboring states that don’t want to lose this revenue to someone else. With NJ and NY having just legalized recreational marijuana, the east coast states of CT, DE and RI could follow suit.
COVID-19’s impact on the 2020-2021 school year’s leasing is the main uncertainty in the student housing sector. Various factors make the student housing occupancy outlook uncertain, such as when students will return to campus or online-only learning, if or when they will sign new leases, and whether they will require future “outs” or reimbursement provisions for similar future events.