Investor Presentaiton
Commercial Real Estate Outlook
Commercial Real Estate Transaction Volume
Negative leverage will limit transaction volume through mid-2024
Debt availability will limit transaction volume through mid-2024
Price discovery around normalized cap rates and interest rates will spur
transaction volume in the second half of 2024
We do not have a systemic banking crisis emerging
Equity remains plentiful for multifamily and industrial however, retail and
especially office will remain equity capital constrained.
Commercial Real Estate Prices (a story of haves and have-nots
Apartment and industrial fundamentals remain strong
Limited retail supply will create great investment opportunities
Office fundamentals and capital flows are very difficult
WISCONSIN
SCHOOL OF BUSINESS
UNIVERSITY OF WISCONSIN-MADISON
TOGETHER FORWARD®
JAMES A. GRAASKAMP
CENTER for
REAL ESTATEView entire presentation