Paradigm Shift in 2024? What to Expect for CRE and the Economy

When

2024-02-12
2024-02-12T13:30:00 - 2024-02-12T14:30:00
America/New_York

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    Where

    ZOOM

    Pricing

    Pricing Members Non-Members
    All Types FREE N/A
    Registration is complimentary and open to ULI members only.

    Now in its 8th year, this popular webinar looks ahead and provides critical insights into real estate economic and capital market from top experts in the business. Hear from Ken Rosen, Chairman, Rosen Consulting Group, and Roy March, CEO, Eastdil Secured, the keynote speakers at the recent 30th ULI/McCoy Symposium.

    -Where are we at the start of 2024, and what’s ahead for CRE markets and sectors?
    -What is the outlook for pricing, transaction activity, refinancing?
    -Is there dry powder for CRE on the sidelines and where/how will it deployed?
    -What is the continuing impact on real estate prospects of secularly higher inflation and normalization of interest rates?
    - What are the risks in ’24 and beyond?
    -Where do the experts agree and disagree?

    Questions from listeners are encouraged!

    Speakers

    Roy March

    Chief Executive Officer, Eastdil Secured

    Roy March is the chief executive officer of Eastdil Secured, L.L.C., the leading real estate investment banking company in the United States. He has more than 43 years of real estate experience at Eastdil Secured across financing, sales, acquisition, and capital markets activities in the United States, Europe, and East Asia. Founded in 1967, Eastdil was the first real estate investment banking firm in the United States. For 20 years Eastdil Secured was a wholly owned subsidiary of Wells Fargo Bank, one of the largest financial service companies in the world and the largest commercial real estate lender in the U.S. In 2009, as a result of the Wells Wachovia merger, the real estate investment banking division of Wachovia was moved to Eastdil Secured forming the first comprehensive end to end real estate banking investment platform in the industry. On October 1, 2019 the firm privatized in a management led buyout with strategic long term institutional investors. The New York based firm has been involved in over $2.5 trillion in transactions from 2007. Roy serves on various industry, corporate and community boards, is a Trustee of the Urban Land Institute; past Chairman of the Advisory Board of the Samuel Zell and Robert Lurie Real Estate Center at The Wharton School at The University of Pennsylvania; Board of Directors of Real Estate Roundtable; former Urban Land Institute Board of Trustee; Urban Land Institute Global Board of Directors and was on the Board of Directors for Pension Real Estate Association (PREA). He is also a member of NAREIT – the National Association of Real Estate Investment Trusts, Urban Land Institute, and International Council of Shopping Centers. He was past president of the Friends of Malibu Urgent Care, serves on the board of The Painted Turtle, a summer camp for children with chronic or life-threatening illnesses. He is on the Executive Campaign Committee for Union Rescue Mission in Los Angeles,

    Miriam Wheeler

    Partner, Goldman Sachs

    Miriam is head of the Global Real Estate Financing Group in Investment Banking. She is a member of the Firmwide Capital Committee. Previously, Miriam worked in Fixed Income, Currency and Commodities in Mortgage Sales. She joined Goldman Sachs in 2005 as an analyst and was named managing director in 2015 and partner in 2018. Miriam serves on the board of the New York Restoration Project, an organization responsible for bringing community gardens, parks and green space to New York. She also serves on the Leadership Council for the East Harlem Tutorial Program. Miriam earned a BA, cum laude, in Ethics, Politics and Economics from Yale University in 2005.

    Ken Rosen

    Chairman, Rosen Consulting Group

    Ken Rosen is Chairman of Rosen Consulting Group, a real estate market research firm, Chairman of the Fisher Center for Real Estate and Urban Economics, and Professor Emeritus and California State Chair of Real Estate and Urban Economics at the Haas School of Business at the University of California, Berkeley. Mr. Rosen is a trustee of the Urban Land Institute and is a member of the board of directors of several non-profit and for-profit entities that deal with real estate finance and development. He was appointed to the Economic Advisory Board to the Secretary of the department of Commerce by President Ronald Reagan. He has testified on numerous occasions before various United States Senate and United States House of Representatives committees, and the California Senate Judiciary Committee on housing policy issues. He has appeared on CNBC, CNN, the Today Show and PBS discussing real estate issues. He has been widely quoted in The New York Times, Wall Street Journal, Bloomberg Businessweek, San Francisco Chronicle and San Francisco Business Times. He has authored over 100 articles and four books on real estate and real estate finance. He was formerly the Chairman and founder of Rosen Real Estate Securities LLC (RRES), and Chairman, founder and portfolio manager of Lend Lease Rosen Securities, both REIT money management firms. Also, Mr. Rosen served as the special real estate advisor to The Davos World Economic Forum, and from 1985-1990 he was Consultant/Managing Director of Salomon Brothers’ Real Estate Research Department. Mr. Rosen received his Ph.D. in Economics from the Massachusetts Institute of Technology, and a B.A. with highest honors from the University of Connecticut in 1970. He was a Professor of Economics at Princeton University. Ken has played in the AT&T Pebble Beach Pro-Am golf tournament thirteen times and made the cut three times.