Commercial Real Estate Opportunities Emerge Amid Market Shifts
August 21, 2024In this edition of Above the Line, we spotlight emerging opportunities in commercial real estate amid market turbulence. From contrarian investment strategies in urban centers to potential policy shifts affecting CRE, we've curated insights to help you make great decisions, quickly. We'll also examine how residential market trends and builder sentiment could impact commercial development strategies.
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Property Downturn Creating Best Opportunity in Decades, Gloor Says
Yahoo Finance
Sterling Bay CEO Andy Gloor believes now is the prime time for those with capital to invest in commercial real estate, citing unprecedented opportunities not seen in 20 years despite high vacancy rates in urban centers like Chicago.
Here's What a Kamala Harris Presidency Could Mean For the Housing Market
Redfin
Democratic presidential nominee Kamala Harris has unveiled an ambitious housing plan aimed at combating the affordability crisis. The plan includes building 3 million new homes and providing significant down payment assistance to first-time homebuyers, though experts warn of potential unintended consequences.
U.S. Builder Confidence Moves Lower in August
World Property Journal
The National Association of Home Builders reports a decline in builder confidence for newly built single-family homes, with the Housing Market Index dropping to 39 in August. Builders are increasingly offering price reductions and sales incentives to boost buyer interest.
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