As 2017 comes to a close, RealInsight hosted a summit to touch on major issues in real estate private equity. Topics included the disruption in the retail real estate sector, fears surrounding the current long economic expansion and when—or if—it might end and top markets and asset classes to look to for the future. Here are five takeaways from the event, held Dec. 1 in New York City.
1. Investors are fearful.
Investor fear is at an all-time high, said Robert Morse, chairman of the Bridge Investment Group, a real estate investment and property management firm, who gave the summit’s keynote address, referencing a Credit Suisse report as evidence. This expansion cycle has been very long, and investors are concerned about a downturn heading into 2018, he noted.