As we enter the new year, many investors are making predictions on market activity in 2020, and most agree that the upcoming and likely tumultuous presidential election will have an impact on investment next year. As a result, transaction volumes will likely decline in 2020, but that doesn't mean appetite for commercial real estate assets will follow. In fact, it is just the opposite. Commercial real estate continues to offer advantages over other investments, and investors will continue to seek out opportunities in the coming year.

"Transaction volume invariably suffers during a hotly contested election year.  That said, private commercial real estate offers too many advantages to be ignored when compared with its public investment peers," Robert Lindner, co-founder and managing principal at Integrated Capital Management, tells GlobeSt.com. "The industry is also highly fragmented as an alternative asset class, and there will always be willing buyers and sellers, perhaps even more so in an uncertain or distressed environment."

For Integrated, that will mean a continued appetite for transactions, but likely lower volumes in 2020 compared to 2019. "Integrated anticipates that transactions will continue to execute, though potentially at a slower pace, and that we'll be able to maintain a robust pipeline of attractive opportunities, each with a unique "story" and supported by best of class sponsors," says Lindner.