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PwC’s Tim Bodner Sees Volatility Impacting Pace, Not Direction, of CRE Recovery
Tim Bodner, global and real estate deals leader at PwC, told the REIT Report podcast that the commercial real estate environment is marked by cautious optimism, with investors increasingly focused on how quickly to deploy capital as macro volatility impacts the pace, rather than the direction, of recovery.
“We like to think of it as a mood of cautious optimism with the dial creeping up,” he said.
Private real estate values appear to have bottomed in late 2024, transaction volumes are expected to rise 16% to 20% this year, and institutional investors have returned as net buyers, he pointed…
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