Marcus & Millichap:

Anticipating the Direction of the Market
Post a Comment
As always, and expected, Hessam offers sound words to help the commercial real estate industry navigate the uncertainty raw numbers often present. Without a little balanced analysis and long-term perspective decisions can get made based on limited or partial views. What comes through is while the job numbers aren't great, "the U.S. economy continues to defy head winds and political paralysis thanks to its market-driven and entrepreneurial foundation." That means there are opportunities. And, I bet, smart folks will find them.
Posted by Dennis Kaiser | Friday, June 01 2012 at 12:35PM ET
And I suppose the arrival of the four housemen of the apocalypse would herald great investment opportunities in stables and pasture land.

Investors need a "thought leader," not a cheerleader.
Posted by Timothy L | Friday, June 01 2012 at 2:18PM ET
A severe lack of understanding (similarly practiced by lenders in the final years of a boom), that real estate fundementals are dependent on demand (i.e. - tenants).
Posted by jonwalz | Friday, June 01 2012 at 5:21PM ET
When asked, Sam Zell always said "jobs" drive demand. I agree with that CRE fundamental but also have seen too many succeed even in the worst of times. Leads me to believe there must be more than a few 'half full' kinds of people who understand and work hard to find the opportunities.
Posted by Dennis Kaiser | Thursday, June 07 2012 at 6:26PM ET

About Marcus & Millichap

Since 1971, Marcus & Millichap, Inc. has specialized in commercial real estate investment sales, financing, research, and advisory services. Through the depth of its local market knowledge and national property marketing platform, Marcus & Millichap has become the leading brokerage firm within the private client segment with nearly 1,500 investment brokerage and financing professionals throughout the U.S. and Canada. The firm has also formed Institutional Property Advisors (IPA), a specialized brokerage division serving the unique needs of major private and institutional investors. Marcus & Millichap’s research reports, publications and analyses are among the most quoted and respected in the industry.