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Experts expect continued commercial real estate growth in 2016

Real estate investors in Kansas and around the country expect the pace of commercial property sales to pick up in 2016 according to a leading property brokerage and management company. Colliers International produces an annual report about the state of the world's real estate markets, and their investor outlook for 2016 reveals that more than one in five American investors expect to sell real estate in the coming year while many foreign speculators expect to be buying properties.

Colliers polled more than 600 leading investors from around the world, and they found that office space in major urban markets like New York, London and Tokyo are still the commercial property gold standard. Property speculation is a popular investment choice for the risk averse, and the stability offered by major cities makes them a far safer property bet. While American investors often chose to put their money into industrial properties in 2015, investment from the Middle East and Europe is expected to still favor office projects.

Many investment experts have voiced concerns about the impact that rising interest rates could have on domestic property markets in the coming months and years, but the U.S. economy is still seen as a relatively safe bet around the world. About 25 to 30 percent of the foreign investors questioned by Colliers said that they planned to purchase commercial properties in the United States in 2016, and many of them said that office space in Manhattan would be their first choice.

While commercial real estate returns can be significant, realizing them often involves avoiding pitfalls and preventing minor disagreements from developing into major disputes. Attorneys with real estate experience may be able to help property investors and developers to anticipate regulatory issues and other delays, and they may also point out the merits or alternative real estate investments that combine the security of the property market with the flexibility of stocks and bonds.

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Our condo association was faced with monumental construction issues thanks to the original developer of our complex. We were cash poor and in no position to get legal representation without a contingency fee arrangement. Luckily for us, Scott Long and Burke Robinson were willing to take us on as clients. Their work ethic, professionalism and knowledge of condominium construction served our association very well. Any association would be well served in hiring these gentlemen to represent them.

Board of Directors - Plaza Gardens on the Lake Condominium Owners’ Association Lake of the Ozarks, MO

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