Thursday, June 15 | 9:45 a.m. - 10:45 a.m.
As forecasters anticipate a 2023 recession, the real estate markets will likely present a “mixed bag” of continued stagnation and even decline in some segments, while other segments will stay relatively strong. High interest rates, costs of energy, labor and materials, coupled with persisting supply chain issues, will continue to impact the real estate industry. With commercial office tenants looking to reduce their footprint, and landlords continuing to wrestle with rising costs of capital and property maintenance, the office space market is expected to struggle and require some financial restructuring. This discussion will focus on the 2023 real estate markets outlook, identifying current market trends and opportunities.
- Katie DeCoste, A&G Real Estate Partners
- Joel Schneider, Hilco
- Richard Costella, Tydings & Rosenberg LLP
- J.W. Clements, Clements Capital LLC