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The US commercial real estate market is adapting to evolving work patterns and economic shifts. While office spaces face headwinds, industrial and multifamily sectors show resilience. Rising interest rates and inflation present challenges, but specific market segments and geographic areas continue to offer growth opportunities, driven by demand for modern logistics and housing.
Total Assets Under Management (AUM)
Commercial Real Estate Market Size in United States
~Approximately $20 trillion (Nareit, 2023)
(3.5% CAGR)
- Driven by industrial and multifamily growth.
- Office sector facing demand shifts.
- Retail showing signs of recovery in certain segments.
20 trillion USD
AI and machine learning are revolutionizing data analysis, property valuation, predictive analytics for market trends, and automated property management tasks within the commercial real estate sector.
Blockchain technology can enhance transparency, security, and efficiency in real estate transactions, streamlining processes like title transfers, property registrations, and smart contracts.
Digital twins, combined with IoT sensors, create virtual replicas of physical buildings, enabling real-time monitoring, predictive maintenance, optimized energy consumption, and improved tenant experiences.
The Federal Reserve has implemented multiple interest rate increases to combat inflation, raising the cost of borrowing for commercial real estate development and acquisition.
This policy directly increases financing costs for NAI Wisinski's clients, potentially slowing down new developments and impacting property valuations.
This bipartisan infrastructure law allocates significant federal funding towards improving roads, bridges, public transit, broadband internet, and other crucial infrastructure.
Improved infrastructure can increase the attractiveness and accessibility of properties in certain areas, positively impacting property values and development opportunities for NAI Wisinski's portfolio.
Many municipalities, including those in Michigan, are continuously updating zoning ordinances and land use regulations to promote housing density, mixed-use developments, and sustainable building practices.
These local policy changes directly influence the feasibility and design of new commercial developments and redevelopments, requiring NAI Wisinski to stay abreast of evolving local regulations for clients.
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