- Coronavirus, tentative fiscal stimulus, and the presidential election contribute to record-high uncertainty levels
- Volatility and the government response, drove interest rates to all-time lows and spurred increased savings
- When the forces creating uncertainty abate, a wave of sidelined capital could reenter the market
- Influx of money to the economy will be felt in two primary ways – Consumption and Investment
– Consumption: Heightened spending activity supports consumer-facing real estate demand (Retail, Industrial, Hotel, Self—Storage and even Apartment)
– Investment: Wave of capital could reengage investment landscape, some of which would flow to CRE - Engage clients in conversations about how to capitalize on opportunities ahead of the wave
Investors who act now will be met by record low interest rates and a favorable yield spread over the cost of capital