ULI Forecast Calls for Moderate Growth for Most U.S. Real Estate Sectors via Urban Land Magazine

While the growth of e-commerce and the shifting needs for open and smaller office spaces are having a marginal impact, most of these disruptive forces are still years away from having a substantive negative impact on the retail, office, and other industry sectors, said panelists discussing the latest ULI Real Estate Consensus Forecast during a webinar. While each sector faces its own challenges, “real estate remains an attractive play,” said K.C. Conway, senior vice president of credit risk management for SunTrust Bank.

The forecast, which polled 53 economists and analysts, reflected a distinct “restrained optimism,” ULI leader and survey participant William Maher, director of North American strategy and research at LaSalle Investment Management, noted in a statement. Despite concerns, most markets will continue to grow at a moderate rate for the next two years, respondents said.

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