The arrival of 2017 brings both questions and adjustments to the commercial real estate industry. From renewing confidence shaken up by a new president-elect and an interest rate hike, to foreign investments and the growth of urban neighborhoods, 2017 is the year for transition. Commercial Property Executive sat down with industry expert David Kessler, national director of the Commercial Real Estate Industry practice at CohnReznick, to discuss seven of the key elements that those in the industry should be aware of throughout the year.
Renewed Confidence to Drive CRE Strategy
CPE: How do you think people in the industry are dealing with the rise in interest rates?
Kessler: I think people are going to start to strategize on cost of capital. Fortunately, a lot of folks were locking into