In this five-minute video interview, Marcus & Millichap President and CEO Hessam Nadji gives us his take on the current state of the commercial real estate market, and outside of what’s been happening within the office sector, he feels very good about the underlying fundamentals within the other arenas.
But keep in mind that while the underlying fundamentals may look OK, you as a broker make your money off of transaction velocity, and as he mentions within this interview, transaction velocity is now down by 50-60%.
Click here to see this interview.