Exec: Uncertainty Shifting to FOMO With CRE Poised for Turnaround

The commercial real estate market is on track to reach a turning point in 2025 as a variety of positive factors converge, including gradually improving interest rates and a 10-year treasury yield that is coming back in.

Other factors pointing to positive momentum in the new year are steady job growth, two years of price corrections, commercial property value adjustments of between 20% and 30%, and a pullback in supply with lower construction starts, according to Marcus & Millichap CEO Hessam Nadji during an interview on Bloomberg News.

“What I’m seeing is a shift for the fear gauge to go from uncertainty to fear of missing out,” Nadji said.