The Weekly Take from CBRE CBRE

With the U.S.’s fourth-strongest labor market and massive live-work-play appeal, Tampa, Florida is one of the country's hottest real estate markets according to a recent Wall Street Journal analysis,
 
Tampa investor/developer Darryl Shaw and CBRE’s Mike DiBlasi explain how the city has become a magnet for institutional capital, expanding employers and top talent and what other mid-size markets can learn from it.

Insights:
 
Developers who want to build in culturally important areas need strong partnerships with the local community leaders and municipal government.Tampa’s historic Casa Ybor development demonstrates what’s possible when a long-term vision is coupled with consistent population growth.Tampa is experiencing a surge of development across commercial real estate sectors as a result of public-private investment in their downtown waterfront.

In a wide-ranging discussion, RXR CEO Scott Rechler opines on everything from the future of cities to leveraging AI in decision-making to office-to-multifamily conversions.

Insights to Share:
 
·      Commercial real estate investors can find opportunity in a higher-cost environment.
·      The outlook for office is brightest in areas where talent wants to live, work and play.
·      RXR uses market intelligence combined with data to inform their strategies. Key data sources include VTS, cell phone activity, AI and predictive analytics.

“What Do You Want to Do Before You Die?” asks celebrity author Ben Nemtin in his best-selling book of 100 bucket list items. Ben shares thoughts on finding your purpose, protecting your mental health and achieving your most ambitious goals.

Insights to Share:
 
·      Overcome fear. People who avoid taking risks because they are afraid to fail can often fall short of their goals. Empowering people to be their true selves is a critical component of a strong work culture.
·      Set ambitious goals. People who set ambitious goals for themselves are more likely to be successful in careers and life.
·      Take action. It is not enough to simply set goals; people need to act on them. Small steps forward create positive momentum.

Real estate investment markets are stirring after an extended pause, and capital may be ready to come off the sidelines. KKR’s Roger Morales and CBRE’s Kevin Aussef share insights on what assets, strategies and markets stand to benefit from an expected pick up in commercial real estate activity later this year.Real estate investment markets are stirring after an extended pause, and capital may be ready to come off the sidelines. KKR’s Roger Morales and CBRE’s Kevin Aussef share insights on what assets, strategies and markets stand to benefit from an expected pick up in commercial real estate activity later this year.

 
Student housing has become a darling of the multifamily asset class. Real estate investor Brian Dinerstein and CBRE’s Jaclyn Fitts explain how the sector has bounced back from pandemic-era challenges and offers enticing opportunities for investors.

Insights to Share:
 
Student housing has been better insulated against rising interest rates than conventional multifamily housing.Large public colleges and universities provide the best environment for institutional grade multifamily student housing.Student housing now is a much different product than what was developed two decades ago.

Growth strategist Rebecca Homkes delivers insights and ideas for companies navigating a challenging economic landscape. With wit and real-world examples, she challenges leaders to think of uncertainty as a neutral and temporary state – and where that line of thinking can lead.

Insights to Share:
 
·      Survive, Reset, Thrive is a playbook for fortifying companies through times of change and challenge.
·      Market uncertainty is neither good nor bad. It is a neutral fact to be dealt with.
·      Companies who are willing to think creativelyare more likely to emerge from challenges successfully.