Top industry executives discuss the current micro and macro trends for Commercial Real Estate (CRE) in Florida. Retail, condo, office, apartment and industrial are all discussed as are the number and quality of existing opportunities in the market today. Guests include:
Tim Becker – CCIM is the Director of the Bergstrom Center for Real Estate Studies at the University of Florida.For more than 30 years, the Bergstrom Center for Real Estate Studies at the University of Florida has been cultivating synergy among researchers, academics, students and industry leaders who drive the real estate marketplace. Tim discusses the general market conditions in the state of Florida
He says that the entire Sate is on the upswing with significant strength in South Florida – driven by foreign investment and Orlando – driven by the strongest tourism season the area has ever seen and the expansion the theme parks are planning.
John Crossman CCIM and President of Crossman & Company, one of the largest retail leasing, management, development, and marketing firms in the Southeastern United States, with over 18 million square feet of properties located in Florida, Georgia, Alabama, South Carolina, North Carolina and Tennessee. In this role, John oversees retail leasing and marketing initiatives for high margin clients. He has been in the real estate business for over 20 years and has personally been involved with more than $1 billion in transactions.
John points out the growing strength of the Florida retail market and discusses tenants that are active in the market. He also asks listeners if they would like a job with his firm.
Sam Chandan PhD is President and Chief Economist at Chandan Economics and an Adjunct Professor at the Wharton School. Chandan Economics is a leader in the analysis of the economy and financial markets and their relationship to commercial real estate. The firm pioneers the integration of rigorous analytical frameworks, capital and credit lifecycle models, and a deep understanding of the commercial real estate asset class. Real estate questions are evaluated in the context of a broader economic and capital markets landscape, supporting more informed investment and risk management decisions across a wide range of investors, lenders, and policymakers. Sam talks fast and gets a lot in including his thoughts on the impact of government inaction on the economy and how macro economic trends will impact real estate. Great fun great information!
Jim Stine is chief investment officer of Ram, a leader in real estate development and acquisitions. Stine is responsible for new acquisitions, dispositions and development strategy for Ram and the Ram equity portfolios. He discusses how to find new opportunities for investment in today’s market.