As the US continues to recover from the COVID-19 pandemic, CRE is outperforming, seemingly against all odds. After all, the US economy has yet to fully recover from the global health crisis.
"We're still in the middle of a global pandemic," says John Chang, Senior Vice President and Director, Research Services at Marcus & Millichap. "We shut down a big portion of our economy for several months last year. We have a massive labor shortage, and our supply chain logistics are running into all sorts of problems."
But despite that, CRE appears to be thriving.
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.
