Good afternoon. We’ve collected three articles on commercial real estate for you to peruse on your lunch break. They detail a survey conducted among optimistic commercial investors, the top cities for foreign investors and a reason to be cautious in the office property market.
Commercial real estate looks like it will continue to be an investment magnet in 2017. According to a survey conducted by Real Capital Markets last Novemeber, 70 percent of investors had their sights set on buying. The hottest properties were multifamily, followed by industrial, then retail and office.
Houston has lost some of its mojo since 2015 when it placed #3 on the Association of Foreign Investors in Real Estate’s list of best US cities for commercial investment. In the years following, it has failed to make the list again. This year’s list included New York, Los Angeles, Boston, Seattle, and San Francisco.
A more skittish take on the commercial real estate sector than the first article today would you have believe. A number of office property brokers comment on the plateau the industry appeared to reach in mid-2016. They caution investors against oversupplying a slowing market.