In Lucern Capital Partners’ Annual Outlook 2023, Frank Forte shares his views on the general U.S. economy and the real estate market.
We are living in very unusual times. After enduring almost three years of a pandemic and its associated hangover, we face additional challenges – inflation and economic uncertainty, strife and war on Europe’s doorstep, and significant political divide and polarization.
Despite the economic headwinds, we believe there will be opportunities in 2023 and beyond to be found and are cautiously optimistic about valuation and return profiles. Multifamily, industrial, and some other asset classes like self-storage could present the most resilient and compelling opportunities ahead.
Our 2023 report represents an outlook from our point of view. It will focus on select themes under the general economy and real estate umbrellas. Download your copy of the report to learn more.