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California Commercial Real Estate Market Update - 2023 Recap and a Cautiously Optimistic 2024 Forecast
Manage episode 403557429 series 3351968
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Let's face it, 2023 was a challenging year in the commercial real estate market. With the failure of Silicon Valley Bank, rapidly rising interest rates, and a slowing economy, it was an adventure. The good news is the market has adjusted to the new norm, and it's truly a professionals market- where deals that make sense and pencil are getting done, and those based on speculation don't. In this download, Capital Rivers CEO Greg Aguirre joins us to offer an optimistic, yet realistic forecast on where he sees opportunity, and challenges, in the year ahead.
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