With the sector facing headwinds, HNWI enthusiasm for commercial real estate has dampened and what type of investments they prefer has shifted, according to WMRE exclusive research.

While technology solutions are aplenty, driving actionable insights from data is still lacking in the industry.

Investment sales in the sector have been impacted by the same volatile forces as other commercial real estate assets, but potential long-term returns remain attractive.

A lot of pressure to move quickly on potential acquisitions has subsided amid higher interest rates and more concerns about property values holding up.

Like it did with non-traded REITs, Blackstone forged a path by launching a large business development company. Other sponsors are following suit.

But the higher cost of capital and sellers holding on to 2022 prices is preventing some potential transactions from going through.