The following “bullet points” are excerpted from a long list of speaker over nineteen hours of presentations:
Investment Climate in Houston:
- There is ample capital seeking yields…“dry powder” in closed-in funds at all time high; cash more available for mergers & acquisitions, not so much for new construction except retail and industrial
- Lenders and investors are upping the percentage of capital available to commercial real estate (CRE); however construction debt is difficult in this economic and regulatory climate