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Construction Law Authority / Insight  / “Commercial Real Estate: Predictions and Reflections 2023” – Practical Law Real Estate

“Commercial Real Estate: Predictions and Reflections 2023” – Practical Law Real Estate

March 1, 2023
Claramargaret H. Groover
Insight

Practical Law Real Estate asked leading real estate practitioners to share their thoughts on recent developments impacting the US commercial real estate market. Commercial real estate experienced another year of impressive growth in 2022, and despite cyclical headwinds, including increased interest rates, inflationary pressures, and a recession, the outlook for 2023 is cautiously optimistic. Although it is likely that the US economy will experience a recession in 2023, forecasts suggest that any recession will not be deep. The responses of Claramargaret Groover are featured below.

Author

  • Claramargaret H. Groover

    Ms. Groover specializes in construction law and currently serves on the Governing Committee of the American Bar Association’s Forum on Construction Law (2017-2020). She is former Chair (2015-2017) of Division 12 Owners & Project Finance for the Forum and chairs the Subcommittee on Construction Transactions of The Florida Bar Construction Law Committee. In addition to her Florida Bar certification in construction law, she is certified as a Circuit Civil and Appellate Mediator and she has qualified as a Florida Arbitrator. Ms. Groover has been selected as a Florida Super Lawyer each year since 2009 and she is a member of the Construction Lawyers Society of America.

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Claramargaret Groover

cgroover@beckerlawyers.com

Ms. Groover specializes in construction law and currently serves on the Governing Committee of the American Bar Association’s Forum on Construction Law (2017-2020). She is former Chair (2015-2017) of Division 12 Owners & Project Finance for the Forum and chairs the Subcommittee on Construction Transactions of The Florida Bar Construction Law Committee. In addition to her Florida Bar certification in construction law, she is certified as a Circuit Civil and Appellate Mediator and she has qualified as a Florida Arbitrator. Ms. Groover has been selected as a Florida Super Lawyer each year since 2009 and she is a member of the Construction Lawyers Society of America.

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