Therese Fitzgerald

Just released: Between 2019 and 2021 housing underproduction grew almost 3%, and the number of counties experiencing underproduction climbed 32%, according to @Up4Growth’s Housing Underproduction in the U.S. @MHNonline

Sam Zell was the “guiding light that helped democratize real estate investment,” said Nareit President Steve Wechsler at the REITweek conference opening session. #REITweek2023 #CPEMag https://t.co/aW6l4OvX6h

To deal with the “non-overt” biases that exist today, identify as a human and humanize the relationship, said David Nabwangu of Ai SPARk during a DEI panel @NYUStern’s InnovateESG. @CPExecutive https://t.co/atUoKxMG2n

If you’re not building energy efficient, you will have already built an outdated project, said ESRT’s Tony Malkin @NYUStern’s InnovateESG conference. @CPExecutive https://t.co/sURwU79LB0

When it comes to ESG, the tenant is “the boss,” said Gunnar Branson of AFIRE at @NYUStern’s InnovateESG. @CPExecutive https://t.co/l95iRA5iur

Automated leasing processes will not replace commercial brokers. It will make them faster, better, smarter, said Ra’eesa Motala of Rokos Advisors at SIOR CREate 360. “You are now in a position to get more business.” @SIORglobal @CPExecutive https://t.co/JV2j3ZmSPZ

With hybrid work, office parking becomes a huge opportunity. “There is too much parking” said Lucy Burns of Billingsly Co. at SIOR CREate 360. “Companies can reinvent themselves with parking.” @SIORglobal @CPExecutive https://t.co/MTV9yTm1o6

“I think hybrid is here to stay,” said Betsy Power, director of Real Estate for PepsiCo at SIOR CREate 360. “It gives them a quality of life they didn’t have previously.” @SIORglobal @CPExecutive https://t.co/RqTSRLan46

Even industrial is feeling the uncertainty. “If you don’t know where cap rates are going to be, you can’t target where that yield is going to be,” said Hillwood’s Tal Hicks at SIOR Create 360 in Dallas. @SIORglobal @CPExecutive https://t.co/0XB8lHSfyR

“Until the banks start acting like the stabilizer they are, we’ll have systemic risk because, unfortunately, they are not capitalizing everyone else’s businesses,” said KKR’s Julia Butler at the @NYUSchack Women in Real Estate Symposium. @CPExecutive https://t.co/ci8U69pwl2

“Diversity within diversity” is next because there is disparity among groups eligible for minority distinction, said Kimberly Hardy of McKissack & McKissack at the @NYUSchack Women in Real Estate Symposium. @CPExecutive https://t.co/b6ptMxY9IJ

“There are so many more reasons there will be destruction in the market than people are envisioning now,” said Nancy Lashine of Madison Partners at the @NYUSchack Women in Real Estate Symposium. @CPExecutive https://t.co/dvYhMl4ZM1

I’m excited to be moderating a panel at @Up4Growth’s Annual Summit for Housing Changemakers next Tuesday. Please join me for a discussion about winning messages to advance pro-housing policy. Register today at https://t.co/OF8OgCxFil https://t.co/6pJcWOQkmJ

The U.S. underproduced affordable housing by 3.8 million units from 2012-2019, according to a report launched today by Up for Growth. Underproduction doubled during that time. @MHNonline https://t.co/6L3lw1RING

“Anybody who is in the multifamily business or any housing business needs to understand the impact the political environment is having,” said Sam Zell at the NYU REIT conference. @NYUSchack @MHNonline

Sam Zell at the NYU Schack REIT Conference: “The level of obsolescence in retail is extraordinary. There are going to be great fortunes made in figuring out what to do with that space.” @NYUSchack @CPExecutive

“One-third ownership of most REITs is passive. That is higher than the average you see in the S&P,” said Sherry Rexroad of STORE Capital. @NYUSchack @CPExecutive https://t.co/6YB0zJq7nA