Retail and Hospitality Most Exposed to Negative Impacts of a Downturn

Gary Bechtel is the CEO of Money360.

The maturing market is having a different impact on each asset class. Next year, retail and hospitality assets are likely to see the biggest impact from a downturn—if one hits—while multifamily and industrial assets are likely to remain the strongest performing assets.

“Some sectors, like retail and hospitality for example, have already begun to feel some effects as markets have cooled in some areas,” Gary Bechtel, President of Money360, tells GlobeS.com. “Clearly, if a downturn were to occur, occupancy levels, rents and property values would be affected to varying degrees based on the asset class, location and condition. Again, we are already see this play out in some markets and asset classes today.”