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2016 could signal a cyclical peak in commercial construction

from National Real Estate Investor

Commercial developers have been busy in 2016. Construction starts saw a hearty boost this year, fueled by multifamily, office and lodging sectors. But analysts expect rates of new construction to taper off through 2020. Private, nonresidential construction increased 7 percent year-over-year, according to research and ratings firm Moody's Investor Service. Cincinnati-based construction data firm ConstructConnect, formerly CMD Group, meanwhile tabulated year-over-year growth of 8.1 percent across all commercial property types. more


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