The first big commercial real estate event of the year will take an in-depth look at how current economic trends are shaping the commercial real estate landscape in New Jersey. NAIOP New Jersey’s Annual Meeting and Commercial Real Estate Outlook, which will be held on Thursday, Jan. 25, also will include the election of the commercial real estate development association’s 2024 officers and trustees.
Richard Barkham, global chief economist, head of global research & head of Americas research with CBRE, will address the current global, regional and local economic climate. Following his keynote presentation, a panel of industry experts will delve into the connection between local economic trends and the state’s commercial real estate sector.
Topics will include:
- Key factors that are influencing the market;
- How broader economic trends are impacting the CRE industry;
- Changing consumer behaviors that are influencing development and investment.
Confirmed panelists include Morris Davis, Paul Profeta Chair of Real Estate, professor of finance and economics, and academic director, Rutgers Center for Real Estate; Will Irving, associate professor of practice, Edward Bloustein School of Planning and Public Policy; and Jeffrey Otteau, managing partner and chief economist, Otteau Group Inc., and managing broker, Hudson Atlantic Realty Advisors Inc.
“CRE markets continue to face more uncertainty than clarity as we turn the corner into 2024,” Otteau said. “While the Fed’s signals for lowering interest rates will likely bring a rebound in deal flow, unfinished business in taming inflation could trigger another wave or rising interest rates down the road. This program will provide essential forward guidance for CRE investment in the coming year as we continue to navigate through uncharted waters.”
The event will take place at the Hilton Short Hills, 41 John F. Kennedy Parkway, Short Hills. Networking and cocktails begin at 5 p.m., followed by dinner and the program.
To register, please click here.