Press releases & articles

Forecast 2020: The economic caution flag is out
Real Assets Adviser

If you liked 2019, then settle back and enjoy 2020.

Despite being hit by volatility from all sides — politics, stock prices, trade wars, weather patterns, energy supplies, the price of avocados — the 2019 economic climate was relatively calm, especially for real assets.

Leading Voices in Real Estate | Where We’ve Been + Where We’re Going (Podcast)
Leading Voices in Real Estate

After our summer hiatus, Leading Voices in Real Estate returns for its fourth season. To kick it off, host Matt Slepin shares the current trends of listeners and the direction for the new season. He also reflects on some of his favorite moments from the series that include:

  • The episode with Lisa Picard, CEO of EQ Office, and how she demonstrates that there are no limits for women on how far they can take their careers.
  • A two-part episode with Ron Terwilliger, former CEO of Trammell Crow Residential, where he walks through the entirety of his influential career and his lasting impact on the real estate industry. A big portion of the conversation is on affordability, a common topic of this podcast that we see in other episodes like Bobby Turner, Daryl Carter, and Jonathan Rose.
  • In the final interview of season three with Larry Webb, founder and CEO of The New Home Company, he concluded with the statement “homebuilding is a noble enterprise” and Matt and Larry shared a discussion on what that means for the real estate industry

Also, with the start of the ULI Fall Meeting in Washington, DC, we are rebroadcasting our episode with Global ULI CEO Ed Walter, who had a 35-year career experience in the industry before leading the organization.

Opportunity Zones on the March

In 2017, Driftwood Acquisitions and Development purchased a 218-room dual-branded Hilton Hotel in Fort Lauderdale, FL, with its joint venture and co-development partner Merrimac Ventures. The partners commenced ground-up construction on the development promptly after.

This Week’s Chicago Deal Sheet

Chicago tied with Los Angeles for the fourth-most-active office construction market in the U.S, with 7.4M SF under construction, according to Avison Young’s Mid-Year 2019 Global Office Market Report. Nearly half of that space is pre-leased. New York ranked as the top market, with 14.6M SF underway, followed by Washington, D.C., with 10.9M SF, and Dallas with 7.8M SF.

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Lexi Astfalk