Industry veterans share view on CRE investment market
ROCHELLE PARK, NJ — Today’s record low interest rates would normally act as a magnet for commercial real estate (CRE) investors — but uncertainty in the sector, mirroring the questions about the direction of the general economy — is scaring off some. Who is right? Some investors see the Federal Reserve’s recent rate cuts, the third in a row, as a signal that the economy may be edging toward a recession. But others, who focus on healthy consumer spending and a low unemployment rate, see this as a buying opportunity. To provide guidance, industry veterans at Case Real Estate Capital, LLC recently gathered to share their perspectives. Based in northern NJ, the commercial real estate investment company is active as a market-leading, high-yield private lender; a financier of transitional properties; a purchaser of performing, sub- and non-performing debt; and a mezzanine and equity investor.