The State of Commercial Real Estate in 2024

The State of Commercial Real Estate in 2024 // There’s a lot of noise in the news lately about commercial real estate, and mainstream media is making it seem like the entire industry is on the brink of collapse, and every property owner is going to get hurt.
But the reality is that commercial real estate is made up of a lot of different product types and geographic markets, each of which can perform very differently at the same time, which is exactly what we’re seeing today across the United States.
So to help you make sense of everything you might be hearing about commercial real estate right now, this video talks through the current state of the four main commercial real estate product types (multifamily, industrial, retail, and office), and what the latest research available is telling us about each.
💻 TRAINING & COURSES 💻
Enroll in the FREE Break Into CRE Real Estate Financial Modeling Crash Course here: www.breakintocre.com/free-cra...
Enroll in any Break Into CRE course here: breakintocre.com/courses/
Get access to all Break Into CRE courses, all models, and additional one-on-one support with a Break Into CRE Academy membership: breakintocre.com/the-academy
**💰 MY FAVORITE REAL ESTATE INVESTMENT PLATFORMS 💰
EquityMultiple: equitymultiple.4drrzr.net/c/2...
Crowdstreet: crowdstreet.4cl7.net/c/297573...
RealtyMogul: realtymogul.pxf.io/c/2975738/...
** 📰 MY FAVORITE REAL ESTATE NEWSLETTER 📰
Thesis Driven (20% off a paid subscription): www.thesisdriven.com/breakint...
** 🏬 RESIDENTIAL RENT DATA & ESTIMATES 🏬
RentCast: rentcast.io?via=breakintocre
🕒 Timestamps 🕒
0:00 Introduction
0:43 Multifamily
3:06 Industrial
5:21 Retail
7:09 Office
#commercialrealestate #commercialrealestateinvesting
*Nothing in this video should be construed as tax, legal, accounting, valuation, or financial advice or recommendation. All information in this video is intended solely for educational purposes, and you are advised to consult with your own personal professional advisors regarding your personal investment decisions.
**AFFILIATE DISCLOSURE: Some of the links in this description are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or create an account.
Research and articles referenced in this video:
www.avisonyoung.us/us-multifa...
www.nmrk.com/insights/market-...
www.nmrk.com/insights/market-...
www.cushmanwakefield.com/en/u...
www.cbre.com/insights/figures...
www.cbre.com/insights/figures...
www.cbre.com/insights/figures...
www.nmrk.com/insights/market-...
www.cbre.com/insights/figures...
www.nmrk.com/insights/market-...
www.colliers.com/en/research/...
www.us.jll.com/en/trends-and-...
www.us.jll.com/en/trends-and-...
www.matthews.com/end-of-year-...
www.yardimatrix.com/publicati...
www.businessdit.com/millennia....
www.bloomberg.com/news/articl...
finance.yahoo.com/news/kevin-...
thehill.com/business/4512606-...
www.cnbc.com/2023/03/24/mille...

Пікірлер: 41

  • @BreakIntoCRE
    @BreakIntoCRE3 ай бұрын

    Which product type(s) are you most bullish on right now?

  • @costcoshill7941

    @costcoshill7941

    3 ай бұрын

    The retail specialist in my region is slammed with work right now. Industrial continues to be the best product in my market, at least in my opinion, as vacancy is at or below 1 percent in some submarkets and asking rents are at all-time highs and continuing to rise. There just isn't enough land to go around for new development and tenants are having difficulties finding space to expand if they're smaller flex users or non institutional.

  • @BreakIntoCRE

    @BreakIntoCRE

    3 ай бұрын

    @@costcoshill7941 Great feedback - thanks for posting this!

  • @costcoshill7941

    @costcoshill7941

    3 ай бұрын

    Thanks! I always enjoy your videos, I agree 100% on the media crash hype, they are focusing way too much on CBD office and ignoring most everything else.@@BreakIntoCRE

  • @johnmoles4122

    @johnmoles4122

    3 ай бұрын

    Retail is doing well right now. We're seeing high occupancy and extremely high construction costs for new products. We don't expect to see a mass buildout like we did with multifamily.

  • @user-bw5ws8fr9t12
    @user-bw5ws8fr9t123 ай бұрын

    Real estate investors losing money is music to my ears. They are a major reason why the real estate market is the way that it is now.

  • @user-yk7yf6ow8s09

    @user-yk7yf6ow8s09

    3 ай бұрын

    The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

  • @user-kw6im1bs1l34

    @user-kw6im1bs1l34

    3 ай бұрын

    I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

  • @user-yk7yf6ow8s09

    @user-yk7yf6ow8s09

    3 ай бұрын

    STEPHINE KOPP MEEKS is who i work with look her

  • @user-kw6im1bs1l34

    @user-kw6im1bs1l34

    3 ай бұрын

    Thanks for recommending i find her and left her message online

  • @MaxLeventer
    @MaxLeventer3 ай бұрын

    Great video! Would love to see a video where you break down a potential deal (ie. underwriting)

  • @BreakIntoCRE

    @BreakIntoCRE

    3 ай бұрын

    Great feedback - thank you!

  • @Jessecote875
    @Jessecote8753 ай бұрын

    I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly.Thanks Kathleen Chandler..

  • @Josephbasta827

    @Josephbasta827

    3 ай бұрын

    You trade with Kathleen Chandler too? Wow that woman has been a blessing to me and my family.

  • @Rodriguezpaul-9

    @Rodriguezpaul-9

    3 ай бұрын

    What impresses me most about Kathleen Chandler is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure winning trades.

  • @Jessecote875

    @Jessecote875

    3 ай бұрын

    she's mostly on Telegrams, using the user name

  • @Jessecote875

    @Jessecote875

    3 ай бұрын

    fxannchandler 💯 ..that's it

  • @Charlottehornets4

    @Charlottehornets4

    3 ай бұрын

    Most people are retiring this year and has nothing to show for. But I assure you it’s never late to get your financial life together again.. All thanks to Kathleen Chandler for I and my family

  • @Von_RX
    @Von_RX3 ай бұрын

    Best cre resource on KZread!

  • @mondoarce3484
    @mondoarce34843 ай бұрын

    Hey I’m graduating from Ohio state in May and I have 2 interviews in CRE tmrw and just wanted to say thank you so much. I’m feeling confident and I doubt I would have these opportunities with out the resume tips and just all the knowledge in general you’ve made public. Can’t thank you enough!

  • @juliastovall

    @juliastovall

    3 ай бұрын

    Best wishes!

  • @BreakIntoCRE

    @BreakIntoCRE

    3 ай бұрын

    Happy to help! Good luck in the interviews!

  • @jhaabhishek
    @jhaabhishek3 ай бұрын

    Great video (again) Justin. What are your opinions on specialised building - medical, data center, experience retail etc. ?

  • @maxthedragon315
    @maxthedragon3153 ай бұрын

    Hey Justin, I landed a full time job at a multi family development shop as a res masters student. I’d say I learned as much from my masters program as I did from your videos and udemy courses. Thank you for all the amazing information!

  • @andrewhill1858
    @andrewhill18583 ай бұрын

    Great breakdown! Can you do an overview of the hotel market?

  • @nachumbeer1607
    @nachumbeer16073 ай бұрын

    Thanks for the broad market outlook! For multifamily, which classes, markets and niches do you think might outperform over the next 1-3 years?

  • @BreakIntoCRE

    @BreakIntoCRE

    3 ай бұрын

    I'm a big fan of following demographics, so I see senior housing and geographic markets with positive net migration patterns and limited new supply as big opportunities in the near term. Glad you found the video helpful!

  • @juliastovall

    @juliastovall

    3 ай бұрын

    @@BreakIntoCRE Yes, I feel a lot of senior housing opportunity in my future CRE career.

  • @giannavalencia769
    @giannavalencia7693 ай бұрын

    Hi! Great video! I'm currently studying for potential interview questions and I wanted to see how you would answer the "If you were to invest 100M in the market right now, which asset classes would you invest in and how much money would you allocate to them?" question. How would you personally go about answering this?

  • @leyhaw1466
    @leyhaw14663 ай бұрын

    what are your thoughts on life science?

  • @akivagreenblatt
    @akivagreenblatt3 ай бұрын

    Thanks Multifamily bullish

  • @Positivevibes489
    @Positivevibes4892 ай бұрын

    I developed an excel and I was wondering if you would look at for me please? 😊😊

  • @urbanizeproperties2656
    @urbanizeproperties26563 ай бұрын

    cashflowing assets multifamily

  • @Sam-Knows-Best
    @Sam-Knows-Best3 ай бұрын

    industrial

  • @wellsHannahh
    @wellsHannahh3 күн бұрын

    I am currently holding stocks worth of 200k in a savings account waiting to invest in another huge opportunity. I've been thinking about going into real estate. Please is it a good idea right now ?

  • @gwendymolly5953

    @gwendymolly5953

    3 күн бұрын

    Yes you should its a really good idea. Invest in real estate, ETFs and high-yield savings account.

  • @virginiameghan4189

    @virginiameghan4189

    3 күн бұрын

    @@gwendymolly5953 Ai companies are rumored to be overvalued and might cause a market correction, I think it’s best you reach out to a proper fiduciary for guidance

  • @sheltonPston

    @sheltonPston

    3 күн бұрын

    @@virginiameghan4189 You should also De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.

  • @traviscyril6641

    @traviscyril6641

    3 күн бұрын

    @@sheltonPston I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

  • @sheltonPston

    @sheltonPston

    3 күн бұрын

    @@traviscyril6641 She goes by "Amber Kay Wright" I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finances, but so glad I did.