--- title: "Pennies From Heaven: Global troubles barely causing a ripple for CRE in the US" description:

By any measure, it’s a turbulent world out there. The European Union can’t seem to get on a path to consistent economic growth. China is experiencing a slowdown in its property markets. ISIS has emerged to further destabilize the Middle East. Russia is threatening Eastern Europe. The Ebola outbreak has yet to run its course and the U.S. stock market has been more volatile than usual of late. Yet for all the rancor, industry professionals don’t expect any of these developments to disrupt the continued recovery in the U.S. commercial real estate sector.

image: https://connect.regencycenters.com/hs-fs/file-3714641068-png/blog-files/back-in-play_0-600x323.png --- - [Home](https://www.regencycenters.com/) - [Properties](https://connect.regencycenters.com/properties) - [In Development](https://connect.regencycenters.com/in-development) - [Regency](https://connect.regencycenters.com/regency) - [Contact](https://connect.regencycenters.com/contact) - [Investors](http://investors.regencycenters.com) - [Tenants](https://connect.regencycenters.com/tenants) - [Blog](https://connect.regencycenters.com/blog) - [Corporate Responsibility](https://www.regencycenters.com/corporate-responsibility) - [Leadership](https://www.regencycenters.com/leadership) - [Investors](http://investors.regencycenters.com) - [Tenants](https://www.regencycenters.com/tenants) - [Careers](https://www.regencycenters.com/regency/careers) [![Regency Centers](https://www.regencycenters.com/ResourcePackages/Regency/assets/dist/images/regency-centers.svg)](https://www.regencycenters.com/) [![Search](https://www.regencycenters.com/ResourcePackages/Regency/assets/dist/images/icon-search.svg) Properties](https://www.regencycenters.com/properties) ![Menu](https://www.regencycenters.com/ResourcePackages/Regency/assets/dist/images/icon-menu.svg) Menu - [Properties](https://www.regencycenters.com/properties) - [In Development](https://www.regencycenters.com/in-development) - [Regency](https://www.regencycenters.com/regency) - [Contact](https://www.regencycenters.com/contact) Search - [Inside Regency](https://connect.regencycenters.com/blog/topic/inside-regency) - [News Releases](https://connect.regencycenters.com/blog/topic/news-releases) - [Retailer News](https://connect.regencycenters.com/blog/topic/retailer-news) # Pennies From Heaven: Global troubles barely causing a ripple for CRE in the US [Jessica Sheard](https://connect.regencycenters.com/blog/author/jessica-sheard) [News Releases](https://connect.regencycenters.com/blog/topic/news-releases) December 4, 2014 - [Tweet](https://twitter.com/share) *From NREIOnline.com* [![Line graph of number of mortgage originations from 2002-2014](https://connect.regencycenters.com/hs-fs/file-3714641068-png/blog-files/back-in-play_0-600x323.png?width=518&height=279&name=back-in-play_0-600x323.png)](https://connect.regencycenters.com/hs-fs/file-3714641068-png/blog-files/back-in-play_0-600x323.png) By any measure, it’s a turbulent world out there. The European Union can’t seem to get on a path to consistent economic growth. China is experiencing a slowdown in its property markets. ISIS has emerged to further destabilize the Middle East. Russia is threatening Eastern Europe. The Ebola outbreak has yet to run its course and the U.S. stock market has been more volatile than usual of late. Yet for all the rancor, industry professionals don’t expect any of these developments to disrupt the continued recovery in the U.S. commercial real estate sector. This may seem a peculiar claim to make in view of recent headlines and the fact that the United States’ own economic recovery has, up until now, been anemic. However, several factors have combined to protect commercial real estate from the ill effects of geopolitics. With a dearth of new construction, property fundamentals in virtually every segment of the market have improved, helped by gradually accelerating job growth. By all accounts, that recovery is still in its beginning stages, and real estate economists predict fundamentals will continue to get better for at least another year or two. Credit for new acquisitions and refinancing has been free-flowing and cheap, driving up property valuations and creating robust demand in the investment sales market. Meanwhile, the renaissance in the U.S. manufacturing sector and the resulting uptick in exports have helped keep the dollar strong, staving off the dangers of inflation. “In the past 12 months, we’ve gone from a slow to a moderate recovery and we are still seeing momentum on the macroeconomic side,” says Calvin Schnure, vice president of research and industry information with the National Association of Real Estate Investment Trusts (NAREIT). “What was hurting us before was deleveraging, lack of consumer confidence and fiscal policy was \[going\] zig-zag. Those were the factors that really held the economy back, and those are gone.” For complete article, [click here.](http://nreionline.com/institutional-investors/pennies-heaven) ##### Connect With Us [Join Our Mailing List](https://www.regencycenters.com/connect-with-us/)  > [Explore Our Markets](https://www.regencycenters.com/properties/our-markets)  > [Find a Space For Your Place](https://www.regencycenters.com/properties)  > ##### Related Stories [Aug 19 CVS Health on a roll as earnings rise](https://connect.regencycenters.com/blog/cvs-health-roll-earnings-rise/) [Apr 16 Get the balloons ready for Party City's $428 million IPO](https://connect.regencycenters.com/blog/get-balloons-ready-party-citys-428-million-ipo/) [Mar 11 Harris-Teeter helps Kroger beat Street in Q4 as company racks up another impressive year](https://connect.regencycenters.com/blog/harris-teeter-helps-kroger-beat-street-q4-company-racks-another-impressive-year/) [Feb 05 Regency Centers Announces Lone Tree Village Development in Colorado](https://connect.regencycenters.com/blog/regency-centers-announces-lone-tree-village-a-king-soopers-anchored-retail-destination-serving-the-ridgegate-community) [Sep 24 Regency Centers Unveils Ellis Village Center in Northern California](https://connect.regencycenters.com/blog/regency-centers-unveils-ellis-village-center-in-northern-california) [Jul 24 Regency Centers Completes $357M Portfolio Acquisition in Southern California](https://connect.regencycenters.com/blog/regency-centers-acquisition-southern-california) Subscribe [![Regency Centers](https://www.regencycenters.com/ResourcePackages/Regency/assets/dist/images/regency-centers.svg)](https://connect.regencycenters.com/) - [Careers](https://www.regencycenters.com/regency/careers) - [Investors](http://investors.regencycenters.com/) - [News](http://investors.regencycenters.com/news-releases) - [Fresh Look](https://www.regencycenters.com/regency/fresh-look) - [Tenants](https://www.regencycenters.com/tenants) - [Contact](https://www.regencycenters.com/contact) [Find a Property](https://www.regencycenters.com/properties) [Leasing Agent](https://www.regencycenters.com/contact) ![Reg Listed NYSE](https://connect.regencycenters.com/hubfs/blog2018/images/stock-ticker.svg) [Regency Centers Facebook](https://www.facebook.com/RegencyCenters) [Regency Centers Twitter](https://twitter.com/RegencyCenters) [Regency Centers Instagram](https://www.instagram.com/regencycenters/) [Regency Centers LinkedIn](https://www.linkedin.com/company/regency-centers/) MEMBER **S&P 500** Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. ©2026 Regency Centers [Terms of Service](https://www.regencycenters.com/terms-of-service) [Privacy Policy](https://www.regencycenters.com/privacy-policy) Cookie Settings ![Quantcast](https://pixel.quantserve.com/pixel/p-XHwFJLhjBpfmt.gif) ![](https://connect.regencycenters.com/hs-fs/hub/1624561/file-3714641068.png) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Jessica Sheard", "url" : "https://connect.regencycenters.com/blog/author/jessica-sheard" }, "dateModified" : "2025-01-03T17:13:11.909Z", "datePublished" : "2014-12-04T10:13:08.000Z", "headline" : "Pennies From Heaven: Global troubles barely causing a ripple for CRE in the US", "image" : [ "https://connect.regencycenters.com/hs-fs/file-3714641068-png/blog-files/back-in-play_0-600x323.png" ], "mainEntityOfPage" : { "@id" : "https://connect.regencycenters.com/blog/pennies-heaven-global-troubles-barely-causing-ripple-cre-us/", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "/hs/hsstatic/content_shared_assets/static-1.4081/img/vast.png" }, "name" : "Regency Centers" } } ```