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CRE Thinkers Map Out Late-Cycle Playbook at Fordham Event
Fordham Real Estate Institute (REI), Columbia University, the Counselors of Real Estate and the Real Estate Board of New York recently co-hosted a breakfast forum, “Offense/Defense: What’s the Late-Cycle Real Estate Playbook?” at Fordham’s Lincoln Center campus.
At the event, leading real estate thinkers and practitioners discussed where we are in the real estate cycle, the major players on the field and ideas, perspectives and strategies for optimizing your position in the current market.
“We are definitely trying to see which cities will have the biggest growth in residents over the next 10 years,” said Nuveen Real Estate’s Melissa Reagan, one of the featured speakers.
“Millennials and Gen Xers are moving out of expensive cities,” Reagan added. They want Brooklyn or Oakland in Charlotte or Atlanta. There are 35 ‘growth’ cities in the United States, and a smart investor will consider opportunities in these areas to strengthen their portfolio.”
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