Dr. Peter Linneman, Leading Economist, Professor Emeritus, The Wharton School of Business
The Walker Webcast
The Importance of Patience in Commercial Real Estate
Over the trailing 12 months through Q1 of 2023, domestic investors acquired $580 billion of US commercial real estate and non US investors only acquired 40 billion. Over a trailing 12 number of foreign buyers, it's only 7% went to foreign buyers. You've got to be able, if you can get in when there's not money and stick around until it's awash with money, you do well on a capital intensive asset. And but you got to be a little patient. It's not a flip. It's, and you got to focus on decent real estate because you got to get to the other side.
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