The privatization of some large REITs last year gave a lot of cash to former investors and one USC economist expects some of that REIT buyout money to find it’s way back into real estate.

Capital will continue to flow into traditional office, retail, industrial and hotel assets, but alternative investments, including urban infill, adaptive reuse (buying, rehabilitating and converting old buildings to new uses), and multifamily/retail development near inner city transit centers, will draw more interest.