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Survey Highlights the Start of a CRE Bull Market

“Debt is plentiful and cheap and attributing to people’s bullish outlooks.”

By Erik Sherman | May 07, 2021 at 07:21 AM

The difference a year can make is going from 21% expectations of a bull CRE market in 2020 to 74% in 2021, according to DLA Piper’s latest State of the Market Survey.

“And most of those bulls are pointing to the continued rollout of the vaccines and opening of economies, as well as an ample amount of equity and debt capital,” John Sullivan, chair of DLA Piper’s real estate practice, tells GlobeSt.com. “For most asset classes, the fundamentals pre-pandemic were good. It wasn’t an asset bubble that burst. It was a black swan external event.”

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