Overview State and local budget constraints and the continuing priority of job creation have created a tumultuous environment for public private partnerships, generating a host of issues and opportunities. These fall principally in the areas of community development and “city-building,” the traditional realm of our professional involvement. The emerging “P-3” of private development, ownership, and… Read more

The Counselors of Real Estate Top Ten Issues in 2013   The growing integration of global and local economies, rising economic and political uncertainty, and the need for thoughtful analysis of industry trends inspired The Counselors of Real Estate to initiate its first annual Top 10 Issues Affecting Real Estate report in July 2012. The… Read more

Resource Competition Escalates, Highlighting Imperative for Sustainability Strategies to Look Beyond Energy Number Eight on our CRE hit parade of the “Top Ten Issues Defining the Future of the Real Estate Industry” in 2012 was sustainability. Much of the attention to sustainability in the real estate realm centers on energy efficiency and the efficient use… Read more

Capital Markets Further Unlocked in 2013   Right-10: CMBS property delinquencies remaining below 10%; Left-250: The 10-Year Treasury not rising above 2.5%; Right-150: Aggregate new office, industrial and retail new construction  remaining below 150msf; Left-6:  Average Cap rates for Class A commercial real estate assets in core MSAs not rising above 6% as interest rates rise in 2H2013 with… Read more

Philadelphia Pioneers New Infrastructure Investment Approach – a Case Study   The inaugural Counselors External Affairs Alert (EAC Alert) identified infrastructure funding and the integration of sustainable practices as two of 10 critical issues society must address. Philadelphia’s ground breaking – or better, wave-making – storm water approach provides a creative example of how regions… Read more

An International Conference of The Counselors of Real Estate was recently held in Vienna, Austria from June 3rd to June 5th. We thought it appropriate that our first International Alert focus on a summary of key insights and observations that were forthcoming from that conference. The major take-away from the conference was an indisputable awareness… Read more

In this inaugural issue of the Counselors External Affairs Alert (EAC Alert) publication, we summarize a handful of the broader structural issues that will define the real estate industry in the next 10-30 years. (Many of the issues have strong interrelationships.) The issues below were collected at the Chicago Meeting of the External Affairs Committee…. Read more