Forecast: Commercial to Grow ‘Moderately’ Through 2019

A recent forecast out of the Urban Land Institute’s (ULI) Center for Capital Markets and Real Estate predicts moderate growth for the commercial real estate industry through 2019.
The ULI Real Estate Economic Forecast, a semi-annual projection based on survey responses, anticipates commercial real estate will see $450 billion in transaction volume in 2017 and $427 billion in volume in 2018 and 2019. All are declines from the previous year. On the broader economy, the forecast expects GDP t