Real Estate Asset Management & Consulting in California
Over the five years to 2017, revenue for the Real Estate Asset Management and Consulting industry in California has grown quickly, surpassing growth at the national level. Real estate markets have recovered from the depths of the recession, and construction activity in California has grown significantly. In particular, the value of nonresidential construction in the state has increased along with the number of housing starts, which has risen in line with home prices. These factors have driven demand for research, consulting, advisory and other real estate-related activities upward, which has caused industry revenue to rise. The industry in California is expected to continue growing over the five years to 2022. The value of nonresidential construction and housing starts in the state are forecast to continue increasing, though at a slower rate than over the previous five years. Nevertheless, this growth in commercial and residential property transactions is expected to push industry revenue upward.
Operators in this industry provide real estate-related services, including escrow, fiduciary, consultancy, research, listings, tenant representation and other miscellaneous activities. The industry does not include real estate agents and brokers, real estate lessors, real estate property managers or real estate appraisers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook