By Eric Enloe, Partner Valuation Advisors & Brandon Nunnink, CFA | Published Dec. 30, 2024 on GlobeSt.com
Despite the uncertain economic outlook for 2025, one metric shows signs of improvement: transaction volumes. After two years of decline, indicators point to increased transaction volume over the coming year.
The decline in transaction volume can be attributed to federal interest rate increases, but was slow to materialize. While the Federal Reserve started raising rates in March of 2022, relatively slow initial rate hikes and a lag in associated impact on deal-making resulted in 2022 transaction volumes equal to almost twice the pre-COVID transaction volume rate. Industrial and Residential markets traded more than 220% of the average 5-year pre-COVID transaction volumes in 2022, while Retail real estate transacted at 168% of the pre-COVID rate. Only Office transactions slightly lagged pre-COVID average volumes at a 96% level. Overall, 2022 exhibited volumes equaled 172% of pre-COVID levels across the four main property sectors; however, this changed quickly in 2023.
In this Globe St. article, Eric Enloe, Partner Valuation Advisors and Brandon Nunnink, CFA discuss how increased transaction volumes indicate a positive outlook for the coming year.
January 07, 2025
January 3, 2025 (Torrance, CA) – Partner Engineering and Science, Inc. (Partner) has tapped one of its original principals, Jenny Redlin, to become its first Chief Experience Officer (CXO) in an expansion of its long-time commitment to provide world-class customer service and an unrivaled client experience. Ms. Redlin has been a top National Client Manager and executive since Partner’s founding in 2007, consistently providing top-tier services to her clients. As CXO, she will bring the same dedication she has shown in managing her own book of business to her new mission of further elevating the client experience company-wide.
January 08, 2025
BALTIMORE, MD - Partner Engineering and Science, Inc. announces the appointment of Pamela Horne as Environmental Technical Director for Agency Services, bringing 25 years of comprehensive experience in commercial real estate environmental due diligence and related services.
January 03, 2025
IRVINE, CA – Partner is excited to announce the appointment of Wendy Moore as Director, bringing over two decades of extensive environmental consulting experience to the organization. Ms. Moore joins […]
