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New Lodging Cycle to Start in Late 2010

Published Thursday, November 19, 2009

Don’t expect commercial real estate to begin to rebound until the second half of 2010, according to a new forecast from Jones Lang LaSalle. In addition, says JLL, the latter part of next year will also “mark the start of a new lodging cycle, a period when the investment community will start to transition from the year of realization (2009) to the year of increasing opportunities.” Most hopefully, the forecast calls for a rise in the volume of hotel transactions next year, even though the deal environment will be hampered by a “continued scarcity of liquidity, particularly ...

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