By Paul Bubny | GlobeSt.
Factors ranging from the global economy to the outcome of the Presidential race undoubtedly will make an impact on commercial real estate in the foreseeable future. Yet the true near-term impact on the sector will come from three mega-trends, say real estate executives surveyed by Akerman LLP as part of the law firm’s annual report on CRE.
These trends: generation-specific housing, co-urbanism and cyber risk in real estate. That specific generation, according to 34% of executives surveyed by Akerman, is seniors, whose numbers are reaching levels never seen before in US history.