BlackRock says to seize the moment

Blackrock’s latest quarterly U.S. real estate report, Seize the Moment, highlights a window of opportunity for investors due to dislocation in the capital market and underscores the implications of long-term structural shifts on the broader investment landscape.

Key takeaways include:

Dislocation in the commercial real estate market presents unique opportunities for investors to acquire solid cash-flowing assets at a discounted basis. Interest rates appeared to have peaked but may only come down moderately over time. Inflation decelerated substantially over the past year and a half, but the Federal Reserve is monitoring the economy cautiously. Though the 10-year Treasury yield has come down from its recent peak, investors should be prepared for elevated rate volatility. Real estate fundamentals will see some near-term softness but improve over the medium term. This will likely be a peak supply year, especially for multifamily, but sup