Belinda Román, 2023’s most accurate forecaster, according to The Wall Street Journal, and CBRE Econometric Advisors’ Dennis Schoenmaker opine on the art, science and technology involved in predicting the ebbs and flows of the global economy. Insights to Share:   Belinda Román, Associate Professor of Economics at St. Mary’s University, expects GDP growth of 3% this year.CBRE EA’s Dennis Schoenmaker expects GDP to hover around 2%.Even with slower economic growth, there will be opportunities in...

Industrial remains a highly desirable asset class despite a cooling of demand and softened market fundamentals. Prologis’ Melinda McLaughlin and CBRE’s Chris Riley offer insights on the long-term prospects for the sector. Insights to Share:   While the last 24 months have seen a slowdown of transaction activity in industrial markets, the long-term prospects remain solid. Conversions to industrial are typically viable where land comprises most of the total development costs, which usually are...

CBRE Capital Markets specialists offer insights on debt availability, capital flows, sector fundamentals and deal pricing, while our Chief Economist comments on the economic outlook. Insights to Share:   Uncertainty about the direction of interest rates continues to hamper commercial real estate investment activity.Industrial and multifamily are facing softening fundamentals, but remain historically solid.Office continues to be split between the best assets and most of the rest and retail is...

Julia Coronado, keen-eyed observer of the economic landscape, shares wide-ranging insights on the economy, monetary policy, commercial real estate and more. “The macro economy is a lot more resilient to the headlines than what you read every day." -Julia Coronado President and Founder, Macro Policy Perspectives & University of Texas Finance Professor Insights from the episode:   1. Inflation should continue to cool in most countries around the world. 2. The neutral interest rate is...

How do you get the most out of a global real estate portfolio? Siemens Real Estate CEO Stephanie Dorsey offers insights on everything from the cost of capital, the flight to green, site selection criteria and return-to-office strategies that benefit everyone. Insights to Share:   ·      Siemens is on the leading edge when it comes to attracting talent, sustainability and technology manufacturing. ·      Power is becoming an increasingly important consideration in companies’ site location...

Mexico’s industrial real estate market is benefiting from the need for more resilient supply chains. PGIM’s Enrique Lavín, DHL’s Guillermo Espinosa Armendáriz and CBRE’s Yadira Torres-Romero explain the advantages and challenges of nearshoring. Insights to Share:   Nearshoring is spurring industrial activity beyond Mexico’s border cities as companies seek inland nearshoring opportunities.The lower cost and availability of labor explains why companies have relocated or expanded manufacturing...

Fried Frank’s Jon Mechanic and Michael Werner—attorneys steeped in the in’s and out’s of New York City dealmaking—share thoughts on the office market, affordable housing, recent legislative changes and much more. Insights to Share:   Despite the headlines, there is budding optimism in some New York commercial real estate sectors, particularly Class A office.Legislative efforts to promote affordable housing and sustainability are both incredibly important and challenging.New York City...

What’s attracting young people, businesses and investment capital to Nashville? Highwoods’ Alex Chambers and CBRE’s Elizabeth Goodwin explain how the Music City has created a cool culture. Insights to Share:   ·      Nashville has attracted talent and businesses due to its affordability and high quality of life. ·      Nashville’s local government has fostered the city’s growth by  investing in entertainment and sports, prompting a surge in related industries, as well as tech and...

With the U.S.’s fourth-strongest labor market and massive live-work-play appeal, Tampa, Florida is one of the country's hottest real estate markets according to a recent Wall Street Journal analysis,   Tampa investor/developer Darryl Shaw and CBRE’s Mike DiBlasi explain how the city has become a magnet for institutional capital, expanding employers and top talent and what other mid-size markets can learn from it. Insights:   Developers who want to build in culturally important areas need...

In a wide-ranging discussion, RXR CEO Scott Rechler opines on everything from the future of cities to leveraging AI in decision-making to office-to-multifamily conversions. Insights to Share:   ·      Commercial real estate investors can find opportunity in a higher-cost environment. ·      The outlook for office is brightest in areas where talent wants to live, work and play. ·      RXR uses market intelligence combined with data to inform their strategies. Key data sources include VTS,...

“What Do You Want to Do Before You Die?” asks celebrity author Ben Nemtin in his best-selling book of 100 bucket list items. Ben shares thoughts on finding your purpose, protecting your mental health and achieving your most ambitious goals. Insights to Share:   ·      Overcome fear. People who avoid taking risks because they are afraid to fail can often fall short of their goals. Empowering people to be their true selves is a critical component of a strong work culture. ·      Set ambitious...

Real estate investment markets are stirring after an extended pause, and capital may be ready to come off the sidelines. KKR’s Roger Morales and CBRE’s Kevin Aussef share insights on what assets, strategies and markets stand to benefit from an expected pick up in commercial real estate activity later this year.Real estate investment markets are stirring after an extended pause, and capital may be ready to come off the sidelines. KKR’s Roger Morales and CBRE’s Kevin Aussef share insights on...

  Student housing has become a darling of the multifamily asset class. Real estate investor Brian Dinerstein and CBRE’s Jaclyn Fitts explain how the sector has bounced back from pandemic-era challenges and offers enticing opportunities for investors. Insights to Share:   Student housing has been better insulated against rising interest rates than conventional multifamily housing.Large public colleges and universities provide the best environment for institutional grade multifamily student...

Growth strategist Rebecca Homkes delivers insights and ideas for companies navigating a challenging economic landscape. With wit and real-world examples, she challenges leaders to think of uncertainty as a neutral and temporary state – and where that line of thinking can lead. Insights to Share:   ·      Survive, Reset, Thrive is a playbook for fortifying companies through times of change and challenge. ·      Market uncertainty is neither good nor bad. It is a neutral fact to be dealt...

What’s the best way to prepare for a thriving commercial real estate career today and in the future? Leaders of real estate programs at the University of North Carolina, Ohio State and Clemson enlighten us. Key Takeaways: • Learn to be resilient and flexible. • Interdisciplinary approaches provide a broad real estate education. • There is a history of collaboration between higher education systems and the commercial real estate industry. • Experiential learning is an effective...

Deepki CEO Vincent Bryant and CBRE’s Emma Buckland share insights on how data analytics helps property owners attract tenants, meet sustainability goals and enhance asset values. Insights to Share:   Property management data has become much more standardized and transparent in the last ten years.CBRE’s strategic partnership with Deepki helps property management teams support investors’ sustainability goals.Meeting sustainability objectives can strengthen asset value and is strategically...

Despite widespread adoption elsewhere in the world, modular construction has been slow to take hold in the U.S. Assembly OSM CEO Andrew Staniforth makes a compelling case for the construction technique’s affordability, sustainability and speed—as well as reasons why the practice is still in its infancy domestically. Insights to Share:   Modular construction is an option that provides a compelling combination of affordability, sustainability and speed.A tight labor market and strong real...

One’s an office occupier—Orrick’s Laura Saklad—and the other’s an office investor—CBRE Investment Management’s Julie Ingersoll. From opposite sides of the table, they discuss how property investors and occupiers can work together to facilitate return-to-office strategies and make the workplace a magnet for talent attraction and retention. Insights to Share: ·      Successful office occupancy strategies are about balancing employee flexibility with collaboration and professional development...

What commercial real estate stories will make headlines this year? Diana Olick knows. The CNBC reporter talks interest rates, work from the office, the future of cities, climate strategies and more. Insights from CNBC’s Diana Olick:   One solution to the housing affordability crisis is the addition of supply at scale.Trends in climate and real estate are interwoven.For many people, renting a home makes more financial sense than purchasing.Some employees enjoy the dynamic energy of working in...

What will the future office look like? Ask an interior designer. ThinkLab’s Amanda Schneider offers insights on how organizations can use design to support everything from hybrid work strategies to employee health and safety and from sustainability to portfolio optimization. Insights to Share:   Hybrid work has brought interior design innovation to the forefront of conversations around productivity and the value of the office.Many organizations are seeking intelligent ways to incorporate...

CEOs of The Office Group and Industrious discuss the flex space office market in the wake of WeWork’s high-profile bankruptcy. Insights to Share:   Despite recent headlines, the future of flex office is bright.Flex office space within the building stack can enhance asset value.Collaboration spaces and individual private spaces, like pods or booths, have gained favor among flex-office occupiers. Large, open floorplans with rows of desks have drawn less interest.

U.S. Air Force veteran and consultant DeDe Halfhill discusses effective leadership qualities, debunks management myths and shares tactics for team-building and improving productivity. Insights to Share from DeDe Halfhill:   ·      Creating a culture of open feedback is incredibly important for those in leaderships roles but often hard to achieve given the power differential with subordinates. ·      Empathy is critical to good leadership. ·      The effective integration of diversity is a...

With many commercial real estate investors in a wait-and-see mode, Rob Finlay, author and founder of Thirty Capital, expounds on opportunities to create value using data analytics to optimize property performance. Insights to Share from Rob Finlay:   1. Waiting for rates to drop is not a good strategy for real estate investors. Instead, they should focus on managing their assets and debt effectively.   2. Innovation will be a key to success in an environment featuring sustained higher...

In a bonus episode from our 2024 Outlook, Chief Economists Jim Costello (MSCI Real Assets) and Richard Barkham (CBRE) respond to live audience questions about the 2024 commercial real estate outlook.

Our annual must-listen episode. Chief Economists Jim Costello (MSCI Real Assets) and Richard Barkham (CBRE) share their predictions for the global economy, interest rates, capital markets and investment opportunities across commercial real estate sectors. THIS WEEK'S GUESTS Richard Barkham Global Chief Economist, Head of Global Research & Head of Americas Research, CBRE Richard Barkham leads a global team of nearly 600 research experts who help CBRE’s clients understand the forces...