Results of 2H 2020 investor survey just came in and provide unique insight into confidence levels- Overall, severe economic volatility dropped investor sentiment – Results still strong compared to 08/09
- Market fragmentation is more pronounced than ever – Buy-side sentiment mixed by property type
- Industrial remains a standout followed by Seniors Housing, Apartment and Office
- Retail was down entering pandemic and remains unfavorable followed by Self-Storage and Hotel
- The record-low drop in interest rates remains the primary driver encouraging investment activity
- Survey results indicate we could see a recovery in sales activity in 2H 2020 and likely won’t see broad-based discounting