Commercial real estate pros bid farewell to the Trump bump as April sales activity plunges

Frederic J. BROWN / AFP

• Commercial real estate pros were gearing up for a comeback under Trump.
• That rebound is now in jeopardy as April sales took a dip.
• Sales of hotels and industrial warehouses careened in April, according to MSCI.

Spencer Levine, the president of RAL, a family-owned New York City-based commercial real estate investment and development firm, had expected a promising year for property dealmaking.

Like many investors in the industry...