While the commercial real estate market is set for a lending rebound in 2025, not all sectors are primed for a quick recovery. James Millon, CBRE’s President of U.S. Debt and Structured Finance, predicts that liquidity will flow back into stronger asset classes like multifamily, self-storage, and grocery-anchored retail. However, smaller asset types and those heavily exposed to regional banks will likely take longer to regain momentum.
Cap rates have improved across all asset classes over the last 12 months, signaling more attractive pricing for investors. Meanwhile, a record amount of "dry powder"—capital sitting on the sidelines—could inject fresh energy into lending activity as we head into 2025.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- 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
*May exclude premium content© 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.
