Which area of CRE will have the highest growth in the upcoming quarter?
There are many factors that will affect the CRE sector in this upcoming quarter. I want to hear from you guys what area of commercial real estate will stand out from the rest, and possibly what locations will see the highest growth. Office, residential/apartments, industrial, retail? I am a real estate undergrad researching trends, and would like to know your input!
[{"id": "cwo9z8m", "text": "It's obviously going to depend on the market. Multifamily should continue toward its peak and outpace the rest, but I'm sure some markets would see higher office growth ", "replies": [], "depth": 1}, {"id": "cwpd323", "text": "Multifamily is on the rise nationally. \n\nI think you will continue to see growth in property trades among all sectors, since capital is available at cheap interest rates.\n\nBesides that, its all market specific. ", "replies": [], "depth": 1}, {"id": "cwqckbo", "text": "Multi-family based on latest trades are marginally over last year.  Buyers are pushing back on pricing given the pipeline in many locales. Developers are seeking to derisk deals by pre selling. There are more and more busted sales - meaning that brokers go out to the market with a deal, and either it doesn't trade Or it is signed up and then falls out. I am working on two broken deals now. Both north of 50m. Major institutions are selling very large portfolios. We all know about equity selling to Starwood. But also blackstone is in the market now with over 4 large portfolios. And they have been a active seller all year, as have fortress, and others. Rent growth in most markets are moderating (except for Seattle, San Fran, la, San Diego, NYC,) the hottest multi family market now is Dallas.  Particularly the Plano/Frisco/Richardson area. \n\nIndustrial and office are making big gains and lots of runway left. ", "replies": [{"id": "cwte22b", "text": "Thank you for the reply! We had Starwood CEO come into our class a few weeks ago and he gave a great presentation. How do you think Starwood's role is going to affect the market over all?\n ", "replies": [], "depth": 2}], "depth": 1}]