Just recently, Urban Land Institute and PricewaterhouseCoopers released their comprehensive 79-page report on the Emerging Trends in Real Estate 2011. To read the full report, click here
Highlights of the report include:
Industry showing signs of improvement, but unemployment, declining wages, and apprehensive lenders continue to restrict a steady rebound.
An increase in outsourcing and continued technological advances eliminates some need for new office or industrial space, contributing to the halt in new development.
Investors flush with cash will continue to have ample opportunities to obtain struggling or foreclosed assets.
Multifamily assets are easily the most sought after investments, with most office complexes lagging the further behind.
Indianapolis ranks as one of the top midwest Markets to Watch for Commercial/Multifamily Investment in 2011. However, the outlook for the midwest is well behind the coastal regions.
Posted by Bradley J. Untrauer at 05:12 AM on Tuesday, October 19, 2010