Our co-founder Daniel Carr shares key trends shaping capital markets and opportunities in real estate from this week's event in collaboration with Jackson Lucas + more ⤵
I thoroughly enjoyed the conversation this week at Rudin's 3TimesSquare discussing capital market trends and opportunities in real estate with CBRE, Jackson Lucas, AWH Partners and Alpaca Real Estate. Key takeaways included: - Labor remains robust, with September’s payroll figures calming recession talks and potentially muting the pace of FED action - One key driver is the growth of female participation in the workforce (up 3% post-COVID) - The near-term impact of AI on the labor market is projected to be slow (even if it is streamlining data intensive tasks, like real estate valuation!) - The market-implied forward curve may be optimistic, and real estate investors should settle in for a more gradual easing of rates The above factors not only create strong operational tailwinds in certain real estate sectors, but the current state of elevated rates and scarce liquidity is a breeding ground for opportunity. Those with liquidity can solve this riddle to retrench and invest in assets at “center ice” either through structured solutions or reset valuations. Lisa Flicker, Russell Flicker, Wei Luo, Peter Weiss, Christina Bicks, Daniel Fetner, Ryan Freedman, Lorraine Sanders
