{"id":1004795852,"date":"2026-04-21T04:17:00","date_gmt":"2026-04-21T12:17:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004795852"},"modified":"2026-04-28T01:55:06","modified_gmt":"2026-04-28T09:55:06","slug":"marcus-millichap-webcast-a-rolling-real-estate-cycle","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/","title":{"rendered":"How the Middle East Conflict Is Impacting CRE Investment"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a2d3c5882ccc&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-large is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"620\" data-attachment-id=\"1004795853\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/us-economy-and-iran-conflict-webcast-marcusmillichap\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"US-economy-and-iran-conflict-webcast-marcus&#038;millichap\" data-image-description=\"&lt;p&gt;screenshot by Mikayla Sciortino &lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Marcus &#038; Millichap hosted a Middle East Conflict: Implications for U.S. Economy and CRE with speakers John Chang of Marcus &#038; Millichap, Mark Zandi of Moody&#8217;s and geopolitical analyst John Stillidas. Screenshot by Mikayla Sciortino&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png?w=800\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png?w=800\" alt=\"Marcus &amp; Millichap CEO Hessam Nadji with speakers John Stillidas, John Chang and Mark Zandi\" class=\"wp-image-1004795853\" style=\"width:408px;height:auto\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png?resize=768,595 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Marcus &amp; Millichap hosted a Middle East Conflict: Implications for U.S. Economy and CRE, with speakers John Chang of Marcus &amp; Millichap, Mark Zandi of Moody&#8217;s and Sr. Fellow Global Risks at Center for National Interest John Sitilides. <em>Screenshot by Mikayla Sciortino<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Commercial real estate has historically operated through alternating cycles, experiencing both periods of growth and decline over time. However, Marcus &amp; Millichap\u2019s CEO Hessam Nadji describes this cycle as a \u201crolling disruption\u201d that has persisted since March 2022, driven by rising interest rates, tariffs and other factors playing into broader uncertainty.<\/p>\n\n\n\n<p>The most recent disruption to the cycle is the ongoing <a href=\"https:\/\/www.commercialsearch.com\/news\/how-will-the-iran-conflict-affect-us-cre\/\">Iran conflict<\/a>, which has contributed to higher oil prices and other geopolitical risks. While the overall outlook on the conflict is unclear, with hopes of a near-term solution, ongoing investment activity in 2026 is helping sustain the commercial real estate market.<\/p>\n\n\n\n<p>Nadji was joined by Moody\u2019s Chief Economist, Mark Zandi, Marcus &amp; Millichap\u2019s Senior Vice President &amp; Chief Intelligence &amp; Analytics Officer John Chang and Sr. Fellow Global Risks at Center for National Interest John Sitilides for the firm\u2019s <em>Middle East Conflict \u2013 Implications for U.S. Economy and CRE<\/em> webcast. The panel emphasized that, despite heightened uncertainty, investor sentiment in the commercial real estate sector remains generally positive, supported by a U.S. economy that is fragile but still holding up.<\/p>\n\n\n\n<p>\u201cWhen we look forward, 2026 is going to be a year where we look back and say \u2018that was a great time to invest,\u2019\u201d Chang said in the webcast. Despite long-term optimism, short-term caution remains. \u00a0<\/p>\n\n\n\n<div class=\"wp-block-group cmw-cpe-newsletter\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group cmw-cpe-newsletter-content\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group cmw-cpe-newsletter-content-text\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h2 class=\"wp-block-heading\" id=\"h-cpe-daily-newsletter\">CPE Daily Newsletter<\/h2>\n\n\n\n<p>Every weekday, every important CRE story.<\/p>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n<form class=\"cmw-inline-newsletter\" action=\"https:\/\/whatcounts.com\/bin\/listctrl\" method=\"POST\">\n  <input type=\"hidden\" name=\"slid\" value=\"5C84B893BD6D939E8970225E75BA5E55\" \/>\n  <input type=\"hidden\" name=\"cmd\" value=\"subscribe\" \/>\n  <input type=\"hidden\" name=\"wxuiversionfirst\" value=\"\" \/>\n \n  <input type=\"hidden\" name=\"errors_to\" value=\"\" \/>\n\n  <label class=\"sr-only\" for=\"email\">Email<\/label>\n  <input type=\"email\" id=\"email\" name=\"email\" required maxlength=\"65\"\n         placeholder=\"Your email address\"\n         oninvalid=\"this.setCustomValidity('Please enter a valid email address')\"\n         oninput=\"this.setCustomValidity('')\"\/>\n\n  <button type=\"submit\">SUBSCRIBE<\/button>\n<\/form>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-short-term-economic-pressure\">Short-term economic pressure<\/h2>\n\n\n\n<p>Zandi outlined the economic implications of the Middle East conflict and its ripple effects across the global economy. \u201cThe economy is growing, but it\u2019s a fragile growth,\u201d he said, noting the growth rate is around 2 to 2.5 percent, below the potential growth for the U.S.<\/p>\n\n\n\n<p>When it comes to the idea of a recession, Zandi is not fully predicting one in the U.S., but there is an elevated risk depending on how long the war continues. At the time of the webcast, he put the probability at about 40 percent, below the 50 percent threshold that typically signals a base-case recession scenario as seen previously, such as the 2008 Great Financial Crisis.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/should-cre-worry-about-private-credit\/\">Should CRE Worry About Private Credit?<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Zandi also pointed to oil prices as a key risk indicator, noting that a sustained rise to around $125 per barrel could push not only the U.S., but the global economy into a recession if the conflict continues. At the same time, he highlighted artificial intelligence and technology investment as a key tailwind supporting economic activity.<\/p>\n\n\n\n<p>A key component of that trend comes from the U.S. being the leader in <a href=\"https:\/\/www.commercialsearch.com\/news\/whos-funding-the-data-center-boom\/\">data center development<\/a>, Zandi said. He believes that this tailwind from AI will keep the economy steady while the short term <a href=\"https:\/\/www.commercialsearch.com\/news\/fed-holds-rates-steady-for-2nd-time-in-a-row\/\">remains unclear<\/a>.<\/p>\n\n\n\n<p>\u201cThe headwinds from the Iran war, tariffs and broader economic policy will likely bump up against the tailwinds of AI and come to a draw, leaving the Fed essentially on hold,\u201d Zandi said.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-investor-activity-continues-despite-uncertainty\">Investor activity continues despite uncertainty<\/h2>\n\n\n\n<p>Even with the macroeconomic uncertainty outlined by Zandi, Chang said investor sentiment across commercial real estate remains positive. He noted that many investors view the current volatility as short-term and continue to move forward with acquisitions and dispositions, while maintaining a more cautious approach.<\/p>\n\n\n\n<p>There is also capital that needs to be deployed and commercial real estate is emerging as an attractive investment option. \u201cReal estate as a hard asset with inflation resistance becomes a more and more appealing option for investors,\u201d Chang said. <\/p>\n\n\n\n<p>He added that fundamentals across sectors remain relatively stable, particularly vacancy rates, though industrial continues to see higher vacancy due to overbuilding. That activity is continuing despite uncertainty.<\/p>\n\n\n\n<p>\u201cWe\u2019re still seeing a lot of investors continuing to drive forward with their purchases and their dispositions,\u201d he said.<\/p>\n\n\n\n<p>Transaction activity is improving, with volume up 18 percent year-over-year, according to Chang, as capital continues to move into commercial real estate. He noted that cap rates have adjusted over the past several years, rising and now beginning to level off. Class A assets are seeing lower cap rates due to strong demand, while Class B and C properties continue to face higher rates and more pricing pressure.<\/p>\n\n\n\n<p>\u201cI think when we look forward over five to seven years, the assets will continue to outperform,\u201d Chang said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investor sentiment remains positive despite broader geopolitical uncertainty, according to a Marcus &#038; Millichap webinar panel.<\/p>\n","protected":false},"author":3749,"featured_media":1004795853,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[52688,21755,21808,21825,21748,21783,21754,23891,21742,21747,52682,21749],"tags":[34836,33034],"class_list":["post-1004795852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","category-data-centers","category-featured","category-finance","category-industrial","category-investment","category-medical-office","category-national","category-latest","category-office","category-policy","category-retail","tag-marcus-millichap","tag-moodys"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How the Middle East Conflict Is Impacting CRE Investment - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Marcus &amp; Millichap hosted a webcast session on how the Iran conflict is affecting the U.S. economy and commercial real estate investment.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How the Middle East Conflict Is Impacting CRE Investment\" \/>\n<meta property=\"og:description\" content=\"Marcus &amp; Millichap hosted a webcast session on how the Iran conflict is affecting the U.S. economy and commercial real estate investment.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-21T12:17:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-28T09:55:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mikayla Sciortino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/\",\"name\":\"How the Middle East Conflict Is Impacting CRE Investment - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png\",\"datePublished\":\"2026-04-21T12:17:00+00:00\",\"dateModified\":\"2026-04-28T09:55:06+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f119cdcafd70d8f34fc5aa340ed5382b\"},\"description\":\"Marcus & Millichap hosted a webcast session on how the Iran conflict is affecting the U.S. economy and commercial real estate investment.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png\",\"width\":800,\"height\":620,\"caption\":\"Marcus & Millichap hosted a Middle East Conflict: Implications for U.S. Economy and CRE with speakers John Chang of Marcus & Millichap, Mark Zandi of Moody's and geopolitical analyst John Stillidas. Screenshot by Mikayla Sciortino\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How the Middle East Conflict Is Impacting CRE Investment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f119cdcafd70d8f34fc5aa340ed5382b\",\"name\":\"Mikayla Sciortino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/Mikayla-Sciortino-Photo-copy.jpg?w=73\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/Mikayla-Sciortino-Photo-copy.jpg?w=73\",\"caption\":\"Mikayla Sciortino\"},\"description\":\"Mikayla Sciortino is an Associate Editor who joined Commercial Property Executive and Multi-Housing News in early 2025. She has a background in English and writes about news and various industry trends for both MHN and CPE. She holds a bachelor's degree in psychology.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/mikayla-sciortino\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How the Middle East Conflict Is Impacting CRE Investment - Commercial Property Executive","description":"Marcus & Millichap hosted a webcast session on how the Iran conflict is affecting the U.S. economy and commercial real estate investment.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/","og_locale":"en_US","og_type":"article","og_title":"How the Middle East Conflict Is Impacting CRE Investment","og_description":"Marcus & Millichap hosted a webcast session on how the Iran conflict is affecting the U.S. economy and commercial real estate investment.","og_url":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2026-04-21T12:17:00+00:00","article_modified_time":"2026-04-28T09:55:06+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png","type":"image\/png"}],"author":"Mikayla Sciortino","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/","url":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/","name":"How the Middle East Conflict Is Impacting CRE Investment - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png","datePublished":"2026-04-21T12:17:00+00:00","dateModified":"2026-04-28T09:55:06+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f119cdcafd70d8f34fc5aa340ed5382b"},"description":"Marcus & Millichap hosted a webcast session on how the Iran conflict is affecting the U.S. economy and commercial real estate investment.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png","width":800,"height":620,"caption":"Marcus & Millichap hosted a Middle East Conflict: Implications for U.S. Economy and CRE with speakers John Chang of Marcus & Millichap, Mark Zandi of Moody's and geopolitical analyst John Stillidas. Screenshot by Mikayla Sciortino"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-webcast-a-rolling-real-estate-cycle\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"How the Middle East Conflict Is Impacting CRE Investment"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f119cdcafd70d8f34fc5aa340ed5382b","name":"Mikayla Sciortino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/Mikayla-Sciortino-Photo-copy.jpg?w=73","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/Mikayla-Sciortino-Photo-copy.jpg?w=73","caption":"Mikayla Sciortino"},"description":"Mikayla Sciortino is an Associate Editor who joined Commercial Property Executive and Multi-Housing News in early 2025. She has a background in English and writes about news and various industry trends for both MHN and CPE. She holds a bachelor's degree in psychology.","url":"https:\/\/www.commercialsearch.com\/news\/author\/mikayla-sciortino\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/US-economy-and-iran-conflict-webcast-marcusmillichap.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004795852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3749"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004795852"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004795852\/revisions"}],"predecessor-version":[{"id":1004796544,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004795852\/revisions\/1004796544"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004795853"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004795852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004795852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004795852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}