VIDEO: At ADISA Conference, Plain Speaking from CRE Leaders on Monetary Policy, Economy
At the recent ADISA conference in Las Vegas, leaders in commercial real estate finance didn’t mince words when asked to share their thoughts on current monetary policy and whether the U.S. economy is headed for a recession.
“It’s really a matter of the right hand doesn’t know what the left hand is doing, or the right hand is working against the left hand,” Gary Bechtel, CEO of Red Oak Capital Holdings, told Connect CRE. “When you have an administration’s that flooding the market with capital, which is causing inflation, and you have a Fed that’s trying to quash inflation by raising interest rates, they’re working against each other.”
In the video below, you’ll hear further insights from Bechtel and from Joe Hart, director of capital markets, RealSource Properties; Whit Huffman, co-CEO, Capital Square; Dave O’Brien, senior consultant, Asset Strategy Advisors; and Michael Underhill, founder, CEO Capital Innovations and incoming ADISA president.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).