Summit Journal

ABOUT SUMMIT

Summit Journal is the official, award-winning publication of AFIRE, the association for international real estate investors focused on commercial property in the United States. Readers stand at the intersection of real estate, institutional investing, data science, and economics.

Published multiple times per year in digital and print formats, Summit features articles and original ideas and research from investors, executive leaders, and academics from around the world, focused on the research and analysis of real estate capital markets, cross-border issues, policy, demographics, technology trends, and management topics.

Summit is a free, open access trade journal. (View on Sherpa Romeo.)

ISSN 2689-6249 (Print)
ISSN 2689-6257 (Online)

AWARDS

OUT NOW: ISSUE #22

Summit Journal #22 covers all ends of the commercial real estate spectrum, highlighting the growing notion that caution is replacing conviction—but not opportunity. (READ MORE)

The Overlooked Gateway: Opportunity Zones and Cross-Border Capital

The US Opportunity Zone Program is built to institutional specifications, and now the 2027 map is coming soon. The institutions underwriting US secondary markets for the coming decade should be ready to read it.

November 12, 2026

Zombie Funds or Patient Capital: Age Alone Cannot Distinguish a Stagnant Fund from a Disciplined Vehicle

Capital trapped without a credible purpose is a problem. Capital held for a defined period, under aligned economics and with active oversight, may simply be patient capital.

November 10, 2026

The Economics of Place: Quantifying the Mixed-Use Premium

Data show that mixed-use rent premiums persist even after controlling for market and submarket differences—suggesting a genuine mixed-use environment effect.

November 5, 2026

AFIRE Editor-in-Chief Ben van Loon Named “Notable Leader in Communications” by Crain’s Chicago Business

AFIRE is pleased to announce that Managing Director and Editor-in-Chief Ben van Loon has been named a 2026 Notable Leader in Communications by Crain’s Chicago Business.

November 2, 2026

Upending Underwriting: Fat Tail Risks in North American Office Investments

Tenants’ renewal decisions do not occur independently, but are correlated and create longer and fatter tails that skew on the downside than an assumption of independence would suggest.

October 29, 2026

(Re-)Industrial Demand Drivers: From Efficiency to Resiliency

The current environment for industrial real estate has an expanded set of demand drivers, layering on the traditional sources with increased resiliency features.

October 27, 2026

Arbitrage in Plain Sight: How “Bucketized” Capital and Lost Skills Leave Billions on the Table

Despite clear opportunity, adaptive reuse arbitrage that could help restore market equilibrium has been slow to materialize, and that was before the most recent episode at the former Pfizer building in New York.

October 22, 2026

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+ ISSUE 22

+ EDITOR’S NOTE

+ ALL ARTICLES

+ ARCHIVE

+ LEADERSHIP

+ POLICIES

+ GUIDELINES

+ AWARDS

+ CONTACT

+ CALENDAR/MEDIA KIT

DISCLAIMER

The publisher of Summit is not engaged in providing tax, accounting, or legal advice through this publication. No content published in Summit is to be construed as a recommendation to buy or sell any asset. Some information included in Summit has been obtained from third-party sources considered to be reliable, though the publisher is not responsible for guaranteeing the accuracy of third-party information. The opinions expressed in Summit are those of its respective contributors and sources and do not necessarily reflect those of the publisher.