MIAMI—Challenges and opportunities are two constants in the commercial real estate sector. But where those challenges and opportunities are in any given season depends, in part, on who you ask. GlobeSt.com caught up with Randy Banchik, EVP of Los Angeles-based Westwood Financial Corp., to get his take on the matter in this exclusive interview.
GlobeSt.com: What are the biggest challenges we face this year?
Banchik: The biggest challenges for our business remain the uncertainty of the U.S. economy and global credit markets, and the overcompensation in pricing of A assets to pricing levels that are not likely sustainable when the cost of credit rises in the future.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
