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Commercial Real Estate Market in ‘Mature Recovery’ Stage at Start of 2020
In the latest edition of the Nareit REIT Report podcast, Calvin Schnure, Nareit senior vice president for research and economic analysis, shared his thoughts on the economy, real estate, and REITs in 2020.
In Nareit’s 2020 Economic Outlook, Schnure uses the term “uncharted waters” to describe the current environment. He explained that the phrase underlines the fact that the risks normally faced this far into a typical expansion or commercial real estate boom aren’t present at this time.
“We know there are risks ahead, we just can’t look to the usual corners to see where they are going to be,”…
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