Commercial Investment Real Estate July/August 2017 | Page 9

Artifi cial Intelligence Is
the New User Interface
Preferred Niche Markets for
Investment*
79% of executives agree that AI will revolutionize
the way they gain information from and interact
with customers.
15%
Retirement Living
17%
16%
Student Living
85% of executives report they will invest extensively
14%
14%
Healthcare
in AI-related technologies over the next three years.
12%
79% agree that AI will help accelerate
12%
Self-storage
12%
technology adoption throughout their organizations.
7%
Infrastructure
6%
6%
Data Centers
Automotive/Car Parks
Artifi cial intelligence is coming of age.
6%
3%
Already Invested 27% believe AI will completely transform their
Actively Pursuing organizations over the next three years.
2%
Source: Accenture
* Note: multiple options possible, some investors are not pursuing any alternative investments.
Source: CBRE Research, CBRE Americas Investor Intentions Survey, 2017
The Changing
Composition of Lenders*
Surge of 10-Year Treasury
Tightens Yield Spread*
Commercial Real Estate
10-Year Treasury Rate
2016
2015
13%
22%
20%
12%
19%
17%
12%
2014 28% 2013 25% 17%
2012 23% 26%
19%
20%
16%
10%
16%
13% 12%
1995
2000
2005
2010
* Through June 19, 2017
Includes apartment, retail, offi ce, and industrial sales $1 million and greater.
Sources: Marcus & Millichap Research Services, CoStar Group, Inc., Real Capital Analytics
CCIM.COM
2017*
2% 10% 17%
14%
11%
14%
1990
0
10-Yr Treasury Long-Term Avg.
3
6
9%
Cap Rate Long-Term Avg.
* If the amount is less than 10%, the fi gure is not included in this chart.
Source: Real Capital Analytics
July | August 2017
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