Berkadia’s Powerhouse Poll Outlook for 2024
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Berkadia's 2024 Powerhouse Poll indicates a growing optimism among commercial real estate professionals, foreseeing increased transaction activity, particularly as institutional investors gain momentum. The survey, conducted in December 2023, reveals that economic conditions are expected to moderate, prompting a more active investment landscape in 2024. Notably, institutional investors are predicted to lead transaction volume growth (72%), with private investors also playing a significant role (78%). The findings highlight a focus on Class A and B multifamily properties, anticipation of increased international investor participation, and the impact of technological innovations on the industry. Dive deeper into the detailed Powerhouse Poll report to explore the insights shaping the future of commercial real estate.