Looking ahead to 2023, the global economy continues to face many challenges and threats, from the lingering effects of the COVID-19 pandemic to high inflation and rising interest rates, to geopolitical tensions and the dangers of a global recession. Loretta Clodfelter, senior editor of Institutional Real Estate Americas, recently asked a collection of industry experts to share their forecasts and expectations for U.S. real estate in the current environment.

The roundtable participants were Todd Henderson, co-global head of real estate at DWS; Indraneel Karlekar, global head of research and strategy, real estate, for Principal Asset Management; Lee Menifee, head of Americas investment research at PGIM Real Estate; Mark Roberts, director of research at Crow Holdings and SMU’s Folsom Institute for Real Estate; and Blake Walker, director, research and strategy, at The Green Cities Comp