There are a number of investor trends in commercial real estate that Michael Underhill, chief investment officer and co-founder of Capital Innovations, is watching. These include the strong valuations of medical real estate, growing opportunities for distress investors and a shift toward emerging markets. It's a tricky environment to navigate, he says, particularly with the latter category. "Experienced investors are separating themselves from 'the pack,' and younger investors are getting their heads handed to them," he says.
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