Berkadia Finds Some Optimism in Commercial Real Estate Industry

Berkadia, New York, released its 2024 Powerhouse Poll, revealing industry members’ perspectives on the commercial real estate industry. The survey found 72% of respondents believed institutional transaction volume will be stronger in 2024.

Institutional-Quality Real Estate Returns Set Record

Institutional-quality commercial real estate returned 6.15 percent in the fourth quarter, up from 5.23 percent in the third quarter, the National Council of Real Estate Investment Fiduciaries reported.

Institutional Investor Expectations Improve

Institutional investors expect positive full-year 2020 commercial real estate returns, but not by very much, the Pension Real Estate Association’s quarterly Consensus Forecast Survey reported.