There are many mixed messages in the CRE markets. However, BGO Chief Economist Ryan Severino says that much of the data indicates better times ahead.

So far this year, CRE “continues to show measured, yet notable improvement,” he wrote in a post. Fundamentals are doing well; weaknesses tend to be an issue of increased supply and not falling demand. Federal Reserve cuts to interest rates are helping to improve CRE capital markets. Severino expects CRE to be in better shape at the end of 2024 than at its onset. This should help the market improve further in 2025.


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