Firm Intelligence·bank

Goldman Sachs

Executives2

Quotes47

ActivityMar 3 – Apr 8

Investment Philosophy

The outbreak of the Iran conflict has helped to upend investors’ hopes for a return to a 'goldilocks' economic environment in the U.S. this year. An equity market decline matching the most severe oil supply shocks in recent decades would reduce the S&P 500 level by 19% from current levels to 5400. Equities are more vulnerable to disappointments or shocks driven by technology competition or a worsening growth-inflation mix.

Strategic Direction

Goldman Sachs executives express predominant caution on macroeconomic stability due to geopolitical risks like the Iran conflict and oil supply shocks, potentially leading to inflation and equity declines.

Despite bearish macro views, the firm demonstrates commitment to real estate through active participation as lender, buyer, and sponsor in South Florida office deals at cap rates of 6.65% to 7.88%.

Bullish elements highlight eased concerns over prolonged conflicts and neutral monetary policy positioning.

Key Executives

Daan Struyven

Managing Director and Head of Oil Research

Ben Snider

Strategist

Recent Deals

$53.5MOfficelender

Crossroads Business Park · Miami

7.88% cap

Notable Quotes

Abigail Crow

Crow Holdings

“I predict office vacancy rates will peak at 22% in Q1 2026.”

OfficeLeasing & Occupancy

Tier 1

Guy van der Westhuizen

Ivy Lettings

“Houses don’t fare well if they’re not used — they need to be checked regularly for security concerns and faults with electrics and plumbing.”

Tier 1

Michael Field

Morningstar

“The Northwest Houston submarket has strong fundamentals with infill leasing demand outpacing supply.”

Northwest Houston submarketleasing demandsupply fundamentals

Tier 2

Michael Field

Morningstar

“Interest rates could fall as low as 2% in 2025. A structurally lower level of interest rates would be a boon for European equities, particularly those exposed to consumer spending.”

interest ratesEuropean equitiesconsumer spending

Market Views

bearish

Multiple quotes highlight risks from Iran conflict, oil shocks, inflation, and equity vulnerability, including potential S&P 500 drop to 5400 and upended 'goldilocks' environment.

Topics Discussed

Macro Economy(4)Debt Markets(3)Office(2)Leasing & Occupancy(2)Investment Returns(2)Northwest Houston submarketleasing demandsupply fundamentalsinterest ratesEuropean equities

Deal Network

C-iii Capital Partners

Crossroads Business Park

1 shared deal

Sentiment Trajectory

Mar 15

Mar 22

Bullish Bearish Cautious Neutral

Activity Snapshots

Mar 1

deals

Apr 1

deals

End of Firm Intelligence · 47 Quotes · 2 Executives