Peachtree Group's Market Update w/ Greg Friedman & Mark Zandi
Mark Zandi, Chief Econmist at Moody's Analytics joined Greg Friedman, Managing Principal and CEO of Peachtree Group for a 4th Quarter Market Update.
Commercial real estate recovery is occurring, just very slowly, says Greg Friedman. He says liquidity in the housing market will offer the next leg of growth for this corner of the market. However, commercial real estate faces headwinds against banks. When it comes to "winners and losers" in the space, multifamily units is a sector Greg considers a winner and mid-term hotels as a short-term loser.