Of Note

It feels like we have finally emerged from five years of economic turbulence in a better position than we might have feared along the way.

Summit Journal Issue 17 explores the growing gap between our economic assumptions about the state of the world and the reality of daily life in the built environment. What should we understand about commercial real estate today to better plan for tomorrow?

Investment innovator Neville Rhone Jr. describes the new opportunities found in commercial real estate’s “middle market.”

Brian Klinksiek, the global head of research and strategy at LaSalle Investment Management, thinks we’re turning a page to a new market in 2025

Neil Mandt is a five-time Emmy winner and the founder & CEO of Digital Rights Management discussing digital rights and augmented reality in CRE.

Jim Costello is the Chief Economist for MSCI Real Assets forecasting how the Trump administration will affect commercial real estate in 2025.

Melissa Román Burch, COO of the NYC Economic Development Corporation, discusses the outlook for the 2025 NYC office market.

Spencer Levy, Global Client Strategist and Senior Economic Advisor for CBRE, discusses how operations will be key to real estate success in the year ahead.

Rebecca Rockey, Deputy Chief Economist and Global Head of Forecasting at Cushman & Wakefield, discusses the CRE forecast for the year ahead.

This episode of the AFIRE Podcast features R. Byron Carlock Jr., former US real estate leader at PWC, discussing the most important investment to make in 2025.

Sabrina Unger, managing director of research and strategy for American Realty Advisors, discusses market opportunities (and nuances) for US multifamily in 2025.

Ground leases are an overlooked asset class among institutional investors due to their low absolute returns, limited market depth, and lack of institutional expertise.

Solar installations on commercial properties can provide additional revenue streams through solar roof leases and net metering or selling excess electricity back to the grid, which positively impact the financial performance of commercial properties—and move the needle on valuation.

The AFIRE Q1 2024 Investor Survey, underwritten by Holland Partner Group, provides key insights into the commercial real estate strategy of global investors.

For the fifth year in a row, AFIRE’s Summit Journal has been recognized with the Graphic Design USA Award and MarCom Award for association publications.

Within the evolving investment landscape, the emergence of OpCo-PropCo models present a compelling opportunity for institutional investors seeking to capture value in innovative, operationally complex real estate business models.

Several of the world’s major shipping choke points are challenged, and heightened geopolitical tensions threaten world trade. The potential result of these blockages could power a tailwind on inflation—and a drag on GDP.

Anticipated moves on interest rates at central banks could unlock capital and support the closing of a strong pipeline of infrastructure investments.

It has become almost cliché to call office “the new retail,” but even as office has been disrupted, comparisons between the two might be distracting from more clear-minded assessments.

The NCREIF Open End Diversified Core Index can offer a critical glimpse into which types of office properties—and which markets—have suffered the most in terms of leasing occupancy, and where the market might go next.