Investors Look at 2007
A recent Marcus & Millichap article pointed up these investor thoughts and plans for 2007. (1) An unforseen economic shock is the top investor concern with cost of building materials second; (2) 6 of 10 investors plan to increase their commercial investments this year; (3) 6 of 10 expect effective rents to increase; (4) Most expect Caps for Apartments to rise this year; (5) Just less than half expect an increase in effective rents at Lifestyle/Power Centers; (6) 2 to 1 believe the economy will be weaker, not stronger a year from now.