RCA in the News

Global backdrop at a glance

Institutional Real Estate, Inc. reports: Global travel is not back where it was, but there are signs of a recovery, with activity up in 2021 relative to the lows of 2020, according to a report by Tourism Economics. Some of this recovery will include overseas tourists visiting the United States, which would certainly help the performance of real estate in those markets that depend on tourism. Businesspeople are coming back as well, which could also include acquisition professionals looking to buy commercial properties, but investors should not make a blanket assumption that this recovery will lead to a flood of cross-border capital.

View the full article on Institutional Real Estate, Inc.: Global backdrop at a glance