Both the CRE Finance Council and the second from the National Association of Realtors see signs of a strong commercial real estate rebound coming over the next 12 months.
Lawrence Yun, chief economist at the National Association of Realtors, expected that a year of savings and unspent stimulus funds would turn into capital about to land in the economy in the second quarter of 2021.
"Economic expansion and the jobs recovery will lead to rises in occupancy across all commercial real estate property types," Yun said at the NAR's Commercial Economic Issues and Trends Forum.
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