Capital Markets Snapshot: A new ‘normal’ for capital markets?

BIG ISSUES ON HORIZON INCLUDE FED VS. INFLATION, FLOW OF PERMANENT DEBT

The real estate capital markets have been relatively stable for the past few months, suggesting a possible new “normal,” at least for the near term.

Even so, real estate investors remain cautious and generally more concerned about downside risk than about missing opportunities. That being said, there has been strong investor interest in the higher quality portfolios that have hit the market in the past few months.

In recent weeks, healthcare reform has emerged as a bigger issue than the state of the economy. As Congress works to develop legislation that achieves President Obama’s vision for reform, financing reform has become the central issue. Expect a vigorous debate until fall.

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