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chi-jacques (2) Jacques Gordon, global head of research and strategy at LaSalle Investment Management

CHICAGO—The election of Donald Trump to the presidency caused some uncertainty as people tried to figure out in what direction this unconventional politician would take the country. The election also coincided with a slowdown in real estate demand and returns in late 2016 and into early 2017, as core real estate investment portfolios felt muted economic growth and higher interest rates in 2016, according to a recent report issued by LaSalle Investment Management’s research and strategy team.

The researchers say, many of President Trump’s proposed policies could strengthen the US economy and real estate market, but so far little has changed for investors. And although few signs indicate any sharp improvements, the experts also see little reason to expect a downturn over the next few years.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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