We are heading into another strong and active year, according to Jeff Rinkov, CEO and president at Lee & Associates. The activity will make landlords the winners in the coming year, with more cap rate compression and higher prices, Rinkov predicts. We sat down with him for an exclusive interview to get his insight into the coming year.
GlobeSt.com: What will people be talking about at the end of 2018?
Jeff Rinkov: I think the biggest surprise is how strong the market is going to be next year. People have been waiting for some weakness or some negative impact, but I think people are going to be surprised at how strong the market really is. I also think that tax reform is going to get passed, and that is going to be encouraging for corporate America, which still drives a lot of employment. Interest rates are not going to be a big factor. You are going to continue to see rising rents, rising values and cap rate compression, even more so than we have seen.