Commercial real-estate cycle holding steady, economist says

By Russ Wiles | The Republic

The commercial real-estate industry remains in an expansion cycle, helped by a steady economy and few signs of overbuilding.

Rising interest rates are a concern, but few other signs are flashing warnings, said Calvin Schnure, senior economist for the National Association of Real Estate Investment Trusts during a talk in Phoenix last week.

“We should be expecting a long (expansion) cycle,” he said. “We’re likely to see continued modest growth ahead.”

Continued:

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