Summer Regulatory Summit eBook

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Click to edit Master title style Secondary Title Change in Value Includes Both Transactions and Appraisals (May 2024)

Except for malls, most CRE segments have seen a modest decline in value over the past 12 months. The Office and Self-storage sectors have seen notable declines in the past 12 months. Apartment, Mall and Office values have declined from the 2021/2022 peak by over 25%.

10%

5%

0%

-2%

-3% -5% -3%

-10%

-6%

-6% -8%

-9%

-13%

-14%

-20%

-16%

-17% -19%

-17%

-20%

-23%

-30%

-26%

-26%

-40%

-37%

Past Year

Recent Peak

Source: Greenstreet; Center for Real Estate Excellence/Federal Reserve Bank of Atlanta