U.S. commercial real estate executives have a sneaking suspicion
that 2019 is going to be the last strong year for the economy for a
while, according to law firm Seyfarth Shaw's fourth annual Real Estate Market Sentiment Survey.
The end of the current growth cycle, a potential recession and rising interest rates
are the top three concerns of 2019 for CRE, according to the
survey.
It is a near-certainty that interest rates are going to rise
more this year, though probably not as much as in 2018.
Only 6% of respondents surveyed in January expect three rate
increases in 2019, down from 37% last year. However, as in every
previous year of the survey, respondents expect some rise. Fully
91% expect at least one increase this year.
