Lenders' Insatiable Appetite for Commercial Real Estate
The Disappointing June Jobs Report | The Bureau of Labor Statistics' report of June employment offers few silver linings for the commercial real estate industry, explains Dr Sam Chandan. As in previous months, job growth in June fell short of levels consistent with sustained improvements in space absorption. While no one month constitutes a trend, the pattern of frustratingly slow recovery remains a qualifier for the fundamentals outlook and current pricing and underwriting activity.
Read the full column at the Chief Economist on GlobeSt.