Long Island Leaders Reveal Their Predictions for the Year Ahead

Farrell Fritz Managing Partner, Robert C. Creighton, shared his insight with Long Island Business News on his predictions for the year ahead.

From the article:

While the year opens with some degree of uncertainty, we are very optimistic about 2025. Our business clients share that optimism and, as a result, we expect to see an uptick in business transactions. If interest rates continue to normalize and inflation remains under control, we expect to see companies invest to grow their businesses.

We expect to see a vibrant M&A market fueled in part by pent-up demand and in part by the incredible reservoirs of capital that private equity firms will look to deploy. The real estate transactional market has been impacted by interest rates, but we expect to see developers continue to move ahead with transformative regional projects and as rates normalize, we expect to see increased activity in this market. We believe that there will continue to be consolidation in any number of industries including the healthcare and not-for-profit industries. For nonprofit organizations, in particular, the continued challenges of fundraising, navigating the regulatory environment and various governmental reimbursement regimes make it likely that larger, more financially sound organizations will be better positioned to advance the mission and conduct the programs of smaller organizations.

 

Read the full article on LIBN.com here:

Long Island leaders reveal their predictions for the year ahead | Long Island Business News