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2026 Forecast: Shannon Richards, Hay Runner

Shannon Richards
Owner/Founder
Hay Runner

What is your 2026 outlook, and which trends in your industry will influence the CRE market?
Cautiously optimistic looking into 2026, in Maine. There are a number of influences that make us all feel like the trends don’t fit the typical timeframes - that said when we pull out far enough we can see some overlays that feel like they apply. Real estate, particularly commercial real estate, historically shows strong returns. Businesses who own their own real estate, have more control, which can be good for stability. The challenges from rates, labor, tariffs and post pandemic slowdown are to blame for any trouble.

What challenges or opportunities do you see for your clients or projects in 2026?
Consolidation seems to be a big opportunity for anyone looking to take a position on a businesses with owners or leaders looking to exit. Challenges involve market volatility stemming largely from the chaos at a federal level. Businesses, just like people, prefer stability.

What is your firm prioritizing in 2026 to stay competitive and support your clients?
We are prioritizing quality, training, systems improvements, integration of new software and the use of AI. Savvy clients are looking for a combination of talent, expertise and professionalism like never before.

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