According to Kroll Bond Rating Agency in a recently published GlobeSt. article, we may see more than $100 - $110 billion if the economy continues to improve at it current trajectory and interest rates remain low. KBRA goes on to say, "Real estate fundamentals will remain stable across all of the property type segments, many of which will experience flat to modest growth. However, the multifamily and lodging sectors are standouts, having experienced marked gains over the past few years. The performance of these two sectors in many markets is at or above that experienced during the height of the last real estate cycle."
Read more of this report in a recently published article found on GlobeSt.