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Spencer Levy, senior economic advisor and head of Americas research, CBRENEW YORK CITY— GlobeSt.com previously reported on the findings of CBRE’s recent Cap Rate Survey. With this follow-up interview, senior economic advisor and head of Americas research at CBRE, Spencer Levy, explains reasons behind the survey’s findings.
“I’m a big fan of Janet Yellen, and I’m a big supporter of Jerome Powell,” says Levy, “I think Janet Yellen deserves a lot more credit than she got for the stability of the economy during both global financial crises. I consider Mr. Powell to be largely a continuation of her policies.”
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Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
Alternative sectors account for $9.9 trillion, or 37%.
More people are renting particularly in expensive cities like NYC and LA.
M&M's John Chang explains why mounting debt will not hurt the economy
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