MIAMI—Some of the top minds in commercial real estate gathered in Coral Gables on Wednesday for RealShare Apartments East. With the sun shining and people swimming in the pool as a backdrop, the discussion and debate were lively at this year's event.
Jack McCabe, owner of McCabe Research & Consulting opened with a keynote that offered insights into South Florida market trends. He opened with words few wanted to her: He believes we'll see a recession this year.
“A lot of people think I'm crazy—hey did 12 years ago,” McCabe told listeners. “I believe the market forces that are underway right now are such are going to take effect on the US this year, especially the global recession.”
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