Grubb & Ellis: Sluggish Recovery in 2012

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Grubb & Ellis Sluggish Recovery in 2012The commercial real estate market is expect to see a gradual recovery in 2012 led by the multi-housing, says Grubb & Ellis chief economist Robert Bach. Tough qualifying standards for prospective home buyers and the growth of the 18- to 34-year-old age group ensure that the multi-family sector will continue to be one of the most popular and sought-after commercial real estate investments in 2012. Hospitality and industrial markets are expected to gradually improve in 2012, too.
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