Green Street Says Real Estate Fundamentals Healthy but Appreciation Has Slowed

Commercial real estate fundamentals are generally healthy, but asset appreciation has clearly slowed, according to a Green Street Advisors webinar April 4.

Andy McCulloch, managing director of real estate analytics at Green Street, noted that “demand for commercial real estate looks okay to pretty good,” with supply deliveries now almost back to their long-term norms. With supply and demand roughly in balance, “on average we’ll see inflationary-type rent growth,” he said.