presidential election

Emerging Trends: Expectation Gap Widens

Emerging Trends: Expectation Gap Widens

Unforeseen events tap the brakes of the investment market.The unanticipated results of the presidential election sparked a shift in several macro-level dynamics that have begun to ripple through the commercial real estate market. A rapid 60-basis-point increase in the yield on the U.S. 10-year Treasury followed the election, combining with expectations of changes to the tax code in 2017 to inspire