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NEW YORK CITY-While we aren't technically in a recession right now, the economy is certainly stagnant, says GlobeSt.com Thought Leader and StreetSmart blogger Hessam Nadji. The managing director of research and advisory services at Marcus & Millichap spoke with GlobeSt.com's John Salustri at the recent RealShare New York Conference.
They also talked about:
- How the political standstill is impacting businesses.
- The possibility of another "Lehman moment."
- Problems in the European financial sector.
- The surprising success of retail sales and corporate profits.
- How the US is a safer haven for commercial real estate acquisitions than other locales.
For more thought leadership from Marcus & Millichap Real Estate Investment Services, check out "StreetSmart," a blog by Hessam Nadji, the firm's managing director of research and advisory services. The blog provides Thought Leadership positions on a variety of commercial real estate-related issues. Click here to watch Nadji on CNBC's "Realty Check" program talking about multifamily and the housing crash. For more information on the Thought Leadership program, contact Scott Thompson at sthompson@alm.com.
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