| While residential property markets remain troubled, commercial real estate markets have already entered an up cycle and are poised for "slow, steady improvement" over the next five to seven years, says a new white paper from Forward Management, LLC.
Titled Inflection Point: The Start of a New Cycle in Real Estate?, the paper posits that the recovery will play out in uneven waves across U.S. and international markets. Knowledge-based "gateway" cities and technology corridors are already recovering as job growth fuels demand across commercial property sectors. As vacancies drop and rents rise in those areas, demand will likely spill over into suburban job centers and secondary markets, the paper suggests.(Press Release)
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