Tunc Akin. western region sales director—major accounts at Ten-X, part of the CoStar Group, sat down for a video interview during Nareit’s REITworld: 2025 Annual Conference in Dallas, Dec. 8–11.
Akin described the commercial real estate outlook as highly mixed, with bullish liquidity trends offset by macroeconomic uncertainty. While the Federal Reserve has begun cutting rates, Akin cautioned that inflation remains elevated and rising consumer stress continues to cloud the outlook. This uncertainty, he noted, makes underwriting and price discovery difficult and keeps transaction volume uneven. At the same time, rate cuts are drawing sidelined capital back into the market, particularly from investors who view the U.S. as a global safe haven.
Investor demand is increasingly concentrated in high-quality, resilient sectors, Akin pointed out, including industrial warehouses, data centers and AI-related assets, senior housing, hotels, and self-storage. Akin expects these sectors to continue driving growth into 2026.
He also highlighted the growing role of online auctions, noting that “auctions condense the timeline into a specific timeframe to drive certainty and execution.” Meanwhile, advances in technology—especially the integration of Ten-X with LoopNet—are further improving transparency, liquidity, and outcomes by digitizing the full sales process from marketing through closing.