The Weekly Take from CBRE

Back in June, 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...

It's that time of year - when we reflect on milestone moments of our fifth season. 2024 had some major themes including artificial intelligence's impact on commercial real estate, office conversions, evolving market conditions—and re-examine them all, as well as take our beginning-of-the-year economic forecasts to task to see how it turned out. 

Dallas is a dynamic, fast-evolving city whose diversified economy and business friendly policies make it an attractive place for investors and companies. Longtime Dallas developers Lucy Billingsley and Lucy Burns offer insights into the city’s future. Share these insights from this week’s episode:   Dallas offers plentiful industrial and multifamily real estate opportunities thanks to its rap...

Commercial real estate offers many different career paths. Learning how to overcome challenges and finding the right mentors are key to success in all of them. Trailblazing executives including Laura Clark (Rexford Industrial), Barbara Perrier (CBRE) and Elisabeth Troni (CBRE Investment Management) shared personal anecdotes and sage advice during CBRE’s recent Power of WE conference. Share th...

Mary Ann Tighe, CEO of CBRE's New York Tri-State Region, discusses Manhattan's ongoing transformation. Drawing on decades of commercial real estate deal-making experience, Mary Ann discusses the resurgent office leasing market, office-to-residential conversions and long-term opportunities. Anticipated Market Transformation : Investors should prepare for a major shift in New York’s office market, r...

Over 12 million people a month check The Points Guy for tips on making the most of their travel experiences. Brian Kelly, TPG himself, teams up with CBRE’s Hotel Research lead Rachael Rothman to explore the latest trends in loyalty programs, what hotel brands can learn from airlines and credit cards, and how you can get into that airport lounge.   Insights to Share:   Loyalty programs ar...

Two tech talent experts—New Enterprise Associates’ Darcy Casarella and CBRE’s Colin Yasukochi—discuss where to find highly skilled tech workers, the role of venture capital in shaping tech hubs and AI’s influence on office space demand. Share these insights from this week’s episode:   1.      Strategic Location Strategy: Emerging tech markets in the Midwest and Southe...

Regional economic development leader Victor Hoskins and CBRE’s Cathy Delcoco discuss Northern Virginia’s opportunities and challenges as well as its thriving real estate market. Share these insights from this week’s episode:   ·      Northern Virginia is benefiting from substantial job growth, especially in the technology sector, including AI-related roles. Tech...

Jordan Schnitzer shares the strategies that propelled his family’s business from scrap metals to West Coast real estate powerhouse. Plus insights on building a thriving decentralized business and the benefits of balancing data-informed and gut instinct investment decisions. Insights to Share:   1.      Look at competition as well as returns . Schnitzer Properies’ pref...

Clarion Partners’ Drew Fung and CBRE’s James Millon discuss the improvement in market sentiment and a pickup in investment activity amid a brightening interest rate outlook. Share these insights from this week’s episode:   The Federal Reserve’s initial rate cut improved market psychology and increased liquidity in the marketplace. While banks remain a critical capital source, private debt fun...

Rob Bernard, CBRE Chief Sustainability Officer, and Miro Sutton, CBRE's new Global Head of Energy and Renewables, discuss the critical role that renewable energy can play in meeting carbon emission-reduction goals and simplify the complexity around implementing and investing in sustainability in commercial real estate. Share these insights on sustainability and renewable energy:   - &nbs...

Community opposition can thwart the most desirable—and needed—development projects. Connecticut developer Jerry Davis and CBRE’s Jessica Lall offer tips and strategies for marshalling community support for worthwhile projects and overcoming the instinct to “just say no” to new development. 1.     Engaging the community early and maintaining open lines of communication are...

Office conversions are nothing new in Cleveland where older assets have long been transformed into higher and better uses. Three seasoned professionals shed light on the financial and logistical complexities of conversions, and the importance of public-private partnerships. Share these Insights on Cleveland Office Conversions:   -      Cleveland has a long histor...

Austin has been transformed over the past 20 years. A traditional government and college town has become a top tech hub and a model for developing metros. Heritage Title Company of Austin’s Gary Farmer and CBRE’s Bradley Bailey discuss the city’s ambitions, growth prospects and challenges. Share these highlights from our conversation about Austin: Austin's economy has diversified significantl...

Zoe Hughes of the National Association of Real Estate Investment Managers and David Chang of CoreNet Global highlight the benefits of a symbiotic relationship between real estate investors and occupiers. Insights to Share:   Investors and occupiers increasingly have similar priorities, especially with respect to operational efficiency and sustainability. Data-sharing between occupiers and inv...

Principal Asset Management’s Rod Vogel, a private equity investor, and Chris Duey, a debt specialist, share different perspectives on the current real estate market and identify sectors where they find common ground. Debt and equity investors often see the market differently. Rod Vogel, a private equity investor, remains bullish about the long-term. Chris Duey, a debt specialist, believes a new cr...

Entrepreneurs Atticus LeBlanc of PadSplit and Christine Wendell of Pronto Housing discuss innovative ways to help address the acute affordable housing shortage. They discuss how new business models, paired with technology, can make housing more accessible and cost-effective for residents and more profitable for property owners. Utilizing new business models, coupled with technology, can make affor...

CBRE’s Laura O’Brien, Chris Ludeman and Bill Concannon offer sage advice and discuss lessons learned as they wrap up storied commercial real estate careers—a must-listen for anyone interested in seasoned perspectives on our industry’s past, present and future. Insights to Share:   1.     From Laura O’Brien : “Mentorship should actually be intentional. If you ask someo...

  Secondary transactions—sometimes called indirect investing—are on the rise as a way to acquire real estate. Evercore’s Jarrett Vitulli and CBRE Investment Management’s Achal Gandhi discuss how these investment vehicles can boost returns at lower risk.  Secondary transactions are gaining traction as a way to acquire real estate. Often, these transactions offer  investors an opportu...

In this episode we explore how government policy affects the housing supply, foreign capital flows, office-to-residential conversion and more with Duane Desiderio of The Real Estate Roundtable and Darin Mellott, CBRE's Head of U.S. Capital Markets Research.

Asia Pacific presents attractive investment opportunities, particularly in the multifamily, hospitality and logistics sectors. KKR’s John Pattar and David Cheong and CBRE’s Greg Hyland discuss capital flows, occupier market fundamentals and the importance of ESG. Insights to Share:   1. Demand for hospitality, multifamily and logistics is growing. 2. Office occupiers strongly prefer high-qual...

CBRE Global Chief Economist Richard Barkham and Cycle Monitor ’s Glenn Mueller share insights on what to expect across real estate sectors in the second half of 2024. Insights to Share: ·     Real estate is a delayed mirror of the economy, says acclaimed forecaster Glenn Mueller. ·     Amid an anticipated long, slow recovery, specialized asset type...

CBRE’s Laura O’Brien, Chris Ludeman and Bill Concannon offer sage advice and discuss lessons learned as they wrap up storied commercial real estate careers—a must-listen for anyone interested in seasoned perspectives on our industry’s past, present and future. Insights to Share:   1.     From Laura O’Brien : “Mentorship should actually be intentional. If you ask someo...

Over 12 million people a month check The Points Guy for tips on making the most of their travel experiences. Brian Kelly, TPG himself, teams up with CBRE’s Hotel Research lead Rachael Rothman to explore the latest trends in loyalty programs, what hotel brands can learn from airlines and credit cards, and how you can get into that airport lounge.   Insights to Share:   Loyalty programs ar...

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 area...