CCIM.COM
July | August 2017
7
2016
2015
2014
2013
2012
13% 22% 20% 12% 17%
28% 19% 10% 13% 12%
10% 17% 11%
20% 19% 12% 16% 16%
25% 17% 2%
23% 26% 14% 14%
Surge of 10-Year Treasury
Tightens Yield Spread*
* Through June 19, 2017
Includes apartment, retail, offi ce, and industrial sales $1 million and greater.
Sources: Marcus & Millichap Research Services, CoStar Group, Inc., Real Capital Analytics
Preferred Niche Markets for
Investment*
15%
17%
14%
16%
14%
12%
12%
12%
7%
6%
6%
6%
3%
2%
Already Invested
Actively Pursuing
Retirement Living
Student Living
Healthcare
Self-storage
Infrastructure
Data Centers
Automotive/Car Parks
Artifi cial Intelligence Is
the New User Interface
The Changing
Composition of Lenders*
* If the amount is less than 10%, the fi gure is not included in this chart.
Source: Real Capital Analytics
Source: Accenture
* Note: multiple options possible, some investors are not pursuing any alternative investments.
Source: CBRE Research, CBRE Americas Investor Intentions Survey, 2017
Artifi cial intelligence is coming of age.
Commercial Real Estate 10-Year Treasury Rate
430
bps
440
bps
480
bps
480
bps
200
bps
580
bps
410
bps
Cap Rate Long-Term Avg.
10-Yr Treasury Long-Term Avg.
1990 1995 2000 2005 2010 2017*
Average
Rate
9%
6
3
0
79% of executives agree that AI will revolutionize
the way they gain information from and interact
with customers.
85% of executives report they will invest extensively
in AI-related technologies over the next three years.
79% agree that AI will help accelerate
technology adoption throughout their organizations.
27% believe AI will completely transform their
organizations over the next three years.
CMBS
Financial
Government
Agency
Insurance
International
Bank
National
Bank
Regional/Local
Bank
Private/Other
crstrbrt/Thinkstock