The Fundamentals Reality: Weak Demand
We all know about fundamentals and supply and demand. But the supply and demand that many real estate investors seem to focus on today is capital. They count on more capital to make things better. They hope if capital comes back into the markets we can start doing more deals again, prices would increase in the augmented trading, and the cycle would ramp up. Bad deals transacted near the last market peak might have a chance, if they could be bailed out by appreciation.
SAN DIEGO—GlobeSt.com caught up with MBA’s CREF/Multifamily Housing Convention and Expo 2017 attendee Ed Hussey, head of multifamily production at Pillar about his thoughts on the market.
NEWARK, NJ—Being known as PGIM Real Estate Finance globally “reflects how we provide financing around the world from a range of capital sources,” says CEO David Durning.
SAN DIEGO—MBA’s CREF/Multifamily Housing Convention and Expo 2017 opened Day 2 with bankers discussing current market dynamics, competition, regulation, preferred asset classes and their expectations for the future.
The 1950s saw the birth of the shopping mall across the nation, yet the era of destination retail stores, especially clothing stores, has been on a…