Commercial real estate investment sentiment is continuing to improve as investors step off of the sidelines and into the market.

With a record $350 billion in dry powder waiting on the sidelines, investors are facing increasing pressure to deploy capital. Yet, about two-thirds of capital recently raised has not yet been deployed. Aaron Jodka, director of research for US Capital Markets at Colliers, said that the trend has started to change this year.

Investors are getting increasingly comfortable with the market conditions — namely higher-for-longer interest rates — and investment activity started to slowly improve in the second quarter. In this podcast interview, Jodka gives a deep analysis of the investment landscape, including:

- Investors that are actively buying, and the ones still waiting

- What needs to happen to help fuel more investment activity

- Why he is optimistic that investment volumes will gain momentum next year