Data analytics is a powerful tool in that it can show the oncoming demise of a market as well as opportunities through economic ebbs and flows. In today’s uncertain economy, when markets drop and the stability of commercial real estate is choppy, the best certainty we have is accurate, real-time data.
Looking back at 2024 in preparation for the new year ahead, geopolitical issues could continue to affect commercial real estate in 2025. While multifamily and industrial properties held their performance ground throughout the year, office vacancies could continue to struggle in certain markets, according to a commercial real estate report from J.P. Morgan.
The performance of commercial properties can vary significantly across different locations, presenting a challenge in accurately assessing a portfolio’s performance without a comprehensive, integrated approach to data collection and analysis.
Understanding the challenge behind data
Hav