Tax-exempt investors plan to boost investments in commercial real estate to their highest level in five years, according to a new survey by Kingsley Associates and Institutional Real Estate Inc. The source for these funds include assetts from pesions funds, foundations and endowments, and they are expected to infuse roughly $44 Billion into properties and real estate securities this year.

Industrial real estate topped the list of most desirable properties, followed by retail, office complexes and multifamily housing. The study also reports that investors expect returns of 8%.

~Dan Hoffman