NREI: Investment Sales Prices Find Some Late Cycle Momentum

January 16, 2020


As commercial real estate investment sales started picking up steam last quarter, the low interest rates, combined with increasing market liquidity, now present an opportune window for investors. CEO Joe Iacono shared his thoughts with NREI on the current market cycle and why price appreciation will be a key driver of pricing and investment decisions in 2020.

“Looking ahead to 2020, the tremendous amount of liquidity in the market along with low interest rates are expected to continue to support strong pricing. “If rates continue to stay low, I would anticipate that we will see stable but more moderate price appreciation in the coming year,” says Iacono. Investors are still searching for yield. However, property income versus expected appreciation will likely become more of a key driver of pricing and investment decisions in 2020, he adds.”

Read the full article in NREI here.