Has Commercial Real Estate Reached its Peak?


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Chandan: “Our quiver of tools is empty. We simply don’t have the useful tools at our disposal in the event of another downturn.”
SAN DIEGO—The good and bad news is that buoyed by a flood of capital, this year will be “the biggest for CRE ever,” said economist Sam Chandan, Ph.D., during Trigild’s recent 15th Annual Lender Conference here. Hundreds of real estate, legal and finance industry leaders joined keynote speakers economic forecaster and currently chief economist for Parsec Financial Management James Smith, Ph.D. and Chandan, president of Chandan Economics and adjunct professor at the Wharton School at the University of Pennsylvania, to examine the state of commercial real estate and overall economic trends at the annual conference, presented by the San Diego-based real estate services company…
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