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Lee Menifee

NEW YORK, NY—-The United States has now recorded almost ten years of seamless capital value growth which is why our current worldwide global real estate cycle is one of the longest in recent history, says PGIM’s recent report, “Trends for 2019–Global Real Estate Trends Set to Shape the Next 12 Months.” With concerns about the high costs of real estate and some political uncertainty, there is now a sense of caution among lenders and investors. On the other hand, with a good amount of capital still targeting real estate, there are also still many reasons for optimism about the outlook, at least in the near-term.


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