Nine Takeaways from ULI’s Economic and CRE Forecast
May 3, 2019 | Patricia Kirk | National Real Estate Investor
At Urban Land Institute’s webinar “Is 2019 the Pivot Point for the Economy and Real Estate?” which took place earlier this week, four industry experts discussed the organization’s three-year forecast (2019 – 2021) for the U.S. economy and commercial real estate sector. Panelists included: moderator Jeanette Rice, Americas head of multifamily research at real estate services firm CBRE; Adam Ruggiero, head of real estate research at MetLife; Bill Maher, head of research and strategy at LaSalle Investment Management; and Stuart Hoffman, senior vice president and senior economic advisor at PNC.
The report, which was based on the median consensus of 45 economists/analysts at 33 major real estate investment, advisory and research firms, provides forecasts for major economic indicators, real estate capital markets, investment returns, vacancy rates and property prices.
Here are some takeaways from the webinar…
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