Summer 2024 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey Results
Announcement and Press Release
7.31.24
The Summer 2024 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey reveals that a majority of California’s commercial real estate industry participants (71%) anticipate distress levels to rise in the coming months, with 53% predicting that new development will decrease over the next three years. As interest rates remain the primary concern for the industry, these findings signal ongoing challenges for stakeholders across the commercial real estate spectrum, as well as emerging opportunities.
Read Analysis of the Survey Results From Industry Leaders
Office Space: In the Doldrums with a Hint of Cautious Optimism
Anthony R. Burney, Partner, Allen Matkins
Brian W. Michel, Partner, Allen Matkins
Anthony R. Burney, Partner, Allen Matkins
Erin L. Murphy, Partner, Allen Matkins
Retail’s Rebound Continues
Evan Kantor, Head of U.S. Commercial Investment Group, Kennedy WilsonBrian W. Michel, Partner, Allen Matkins
Industrial – A Cool Down But Not by Much
Evan Kantor, Head of U.S. Commercial Investment Group, Kennedy WilsonAlykhan Shivji, Partner, Allen Matkins
The Forecast is Heating Up for Multifamily Housing Markets
Kitty Wallace, Senior Executive Vice President, Colliers
Timothy M. Hutter, Partner, Allen Matkins
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