In this special episode, we talk with Paul Hendershot, Senior Director of Market Analytics at CoStar who delivers a comprehensive mid-year 2022 economic update and forecast for the commercial real estate industry. Paul Hendershot, a frequent participant at TCN Worldwide conferences and one of our most highly-rated speakers, brings a unique skill set as a career economist in the CRE industry. He provides a broad perspective on the national economy, how the first half of 2022 is shaping up and the current inflationary environment. In today's episode, Paul focuses on three asset classes (office, industrial, and retail) and shares his insights on what's going on in the national economy.
What are the key components to keep an eye on during these turbulent times? How will rising interest rates and inflation impact the overall economy? On a regional basis how are the markets currently trending and what is the outlook for the remainder of 2022? Where are cap rates headed? Which product types will thrive and which will struggle in the year ahead? Paul closes by answering several questions provided by TCN Worldwide members.