Steady Investment Activity Shows Commercial Real Estate Resilience
After a considerable decline in U.S. commercial real estate (CRE) transaction volumes in 2020, 2021 recorded a remarkable comeback. Overall transaction volumes are nearly double 2020 levels, reaching $809 billion. This is almost 50% above the average annual volume of $530 billion between 2015 and 2019. While historically high transaction volumes in 2021 can be partially attributed to carryover of unfinished transactions during a challenging 2020, investor sentiment also played a major role in the market’s sharp turnaround. After reassessing CRE fundamentals and the macroeconomic environment ...
Source: hospitalitynet.org
