NEW YORK, NY—Given a theoretical investment budget of $1 billion, commercial real estate executives say the industrial sector is their preferred asset type for investment in 2018, as part of a survey of CRE executive confidence conducted by Altus Group.
Altus Group's 2018 Altus Group Real Confidence Executive Survey also suggests that CRE executives are concerned about the impact of natural disasters on the US economy in 2018.
“Natural disasters came in at 46 percent,” says Charles DiRocco, director of research at Altus Group, who spoke in an exclusive video interview with GlobeSt.com NJ editor Steve Lubetkin right after the conclusion of the State of the Union speech by President Trump Tuesday night.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
