Contact Us
News

OH, HENRY

Dallas-Ft. Worth

Want to get a jump-start on upcoming deals? Meet the major Dallas-Fort Worth players at one of our upcoming events!

OH, HENRY
OH, HENRY
We snapped former HUD Secretary Henry Cisneros minutes ago after his keynote at NAREE in Austin. Now executive chairman of CityView, an LA-based urban institutional investment firm, Cisneros offered an impressive overview of the country's CRE industry. He said hotels,  infrastructure, and apartments are the sectors with the most promise: “Hotels can lead commercial real estate to recovery” because almost no new supply was added during the recession. And with the US  homeownership rate dropping from 70% to 65% during the res mortgage crisis, “there will be a major need for apartments.” As for the weak links, the former HUD secretary fingered retail, office, and industrial. Just what we didn't want to hear.
Related Topics: Henry Cisneros, HUD Secretary