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The Industrial Real Estate Podcast
A Cloudy Outlook for Next Year
Dec 20, 2023
Renowned economist KC Conway joins the show to discuss the real estate market, interest rates, commercial real estate in 2024, industrial real estate demand, and the importance of electricity for site selection. They also touch on black swan events in industrial real estate and engage in a lightning round.
01:07:33
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Quick takeaways
- Despite the recent rise in interest rates, the real estate market has shown resilience with minimal foreclosures or distress sales, attributed to factors such as loan maturities and construction loan underwriting.
- There are concerns about the credibility of the Federal Reserve's decisions, with claims of inconsistency and potential political influence. The speaker questions the basis of rate cuts and raises concerns about inflation and future economic challenges.
Deep dives
Membership/Mentorship Program Announcement
Chad Griffiths announces the launch of a membership/mentorship program in 2024, offering exclusive access to interviews with industry professionals and a global network of professionals in the industrial real estate field.
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