California Commcercial Real Estate Unchanged Following Election
The Winter/Spring 2017 Allen Matkins/UCLA Anderson Forecast Commercial Real Estate Survey, taken entirely after the November 8th election, shows no discernable economic shift, despite Hillary Clinton being the heavy favorite among state residents. The biannual survey projects a three-year-ahead outlook for California's commercial real estate industry and forecasts potential opportunities and challenges affecting office, multi-family, retail and industrial sectors. Observations from 2016 remained unchanged, and the natural cycle in commercial real estate appears to be running its course somewhat independent of the presidential contest.