Expert commentary: Industry experts share their views on real estate and the economy
The COVID-19 pandemic has brought about unprecedented changes in the commercial real estate industry. Loretta Clodfelter, senior editor of Institutional Real Estate Americas, recently asked a collection of industry heavyweights to share their forecasts and expectations for U.S. real estate in the current environment.
The roundtable participants were Brian Biggs, CFA, research director, Grosvenor Group – Americas; Scott Crowe, chief investment strategist, CenterSquare; Lee Menifee, head of Americas investment research, PGIM Real Estate; Hans Nordby, head of research and analytics, Lionstone Investments; David Steinbach, global chief investment officer, Hines; and Tim Wang, Ph.D., managing director and head of investment research, Clarion Partners.
How has COVID-19 changed the demand for real estate assets?