Will Investment Sales Recover in 2023?
CBRE forecasts a 15% year-over-year drop in U.S. commercial real estate investment sales volume in 2023. Investment activity will likely stagnate in the first quarter and then gradually improve. Stephen Stein, Co-founder and President of Tauro Capital Advisors, asserts that sale activity will rebound in early 2023 as sellers, investors, and developers grasp the “new …