Investor Outlook Shows Confidence, Concern: Marcus & Millichap
August 15, 2017 | Scott Baltic | Commercial Property Executive
It’s a battle out there, according to a new report from Marcus & Millichap, a battle between optimism and caution and the factors driving each one.
On one hand, the political climate is uncertain, with confidence declining somewhat as to whether the Trump administration’s fiscal and other policies will be favorable for the economy and investment. In addition, more than two-thirds of investors polled for the third-quarter Marcus & Millichap/NREI Investor Sentiment Survey think CRE values may be approaching a cyclical peak.
On the other hand, fundamentals in most property types remain solid, and investor confidence is still largely positive regarding the overall economic outlook, job growth and access to capital.
