Bloomberg News Features Marcus & Millichap CEO Hessam Nadji Key Trends Supporting the Investment Outlook How investors are balancing uncertainty vs. fear of missing out Why retail real estate has emerged as a top investment alternative Lender liquidity and the availability of debt capital How tax policy in 2025 could benefit CRE investment    

The 2025 outlook uncertain but long-term drivers remain strong Demographics a critical component of long-term space demand Capital flows into CRE will support market liquidity

Employment growth resumes earlier trends. Hiring hit a six-month high in November as weather- and labor relation-related disruptions to job creation in October gave way to a subsequent rebound. The 227,000 net new roles in November, combined with the prior period’s 36,000-person addition, result in a mean gain of 131,500 positions per month. This is below the average of 191,000 from the first nine months of the year, as well as what was typical across the… Read More

Why holiday retail sales could outperform The key ingredient needed to lift holiday sales to the next level How holiday sales performance could offer valuable insights for real estate investors

How immigration policy could reshape the employment market Which employment sectors could face increased headwinds from immigration policy changes How immigration policy could influence the Federal Reserve

Key policies that could shape the CRE financing climate How the outlook on Federal Reserve Rate cuts have already changed What investors should be considering as they frame their investment strategies

Why retail real estate continues to outperform How construction will play a key role in the performance of both retail and industrial The over- and underperforming retail and industrial markets

Fed takes second step on gradual rate-lowering path. After reducing the overnight lending rate by 50 basis points in September, the Federal Open Market committee opted to cut again by half that margin at the November meeting. This returns the target lower bound to 4.5 percent — a level not seen since March 2023 — reflecting progress on both sides of the…

Discrepancies cloud employment data. October’s atypically low job creation total of 12,000 is largely the result of sector hiring offsets and disruptions from recent events. Education, health services and public service organizations added a combined 97,000 personnel last month, consistent with trends seen thus far this year. Over 60 percent of the positions added in this span were from one of these less cyclical industries. Countering these gains were the loss of 47,000 professional and business… Read More

The forces supporting multifamily demand The surprising office property metric no one expected The key trends that will shape CRE Performance in 2025