As interest rates hover at all-time historical lows, inflation concerns lurk in the shadows, and the general economic health of several European countries hang in the balance, commercial real estate in Utah remains a very strong bet. Howard Lutnick, CEO of Cantor Fitzgerald, a global financial services firm with offices in every major financial center in the world had this to say on CNBC on Tuesday, “I think the stock market is in a tough spot, right? There’s no growth. The Fed couldn’t have made it more clear.” He went on to say, “people are afraid to put their money in the stock market, where is that money going to go? People are willing to invest in real estate.” You can read about or even watch Howard’s comments at this link http://bit.ly/LQwWmU.
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