According to a recent Deloitte report, the global real estate industry has an opportunity in 2024 to start rebuilding on more solid ground. Multiple factors, from a pandemic-era recovery that shifted how and where people work to more recent geopolitical uncertainties and financial market instability, the coming year is expected to be pivotal in real estate firms’ ability to recover and build up. Marked by a myriad of mixed signals about the health and trajectory of the industry, real estate leaders may need to find their footing as they shape the next phase of real estate ownership and investment.
The coming twelve to eighteen months are expected to be important as real estate firms reposition themselves, and it might take a combination of critical realizations and strategic realignments, some far different from the status quo, to get there. Our commercial real estate panel aims to help investors find solid ground that the industry can build upon to meet new foundational realities.
Our panel of experts will cover these and other topics:
- Inflation’s impact on real estate assets;
- The outlook for interest rates;
- Commercial real estate trends across asset classes;
- Investment opportunities in local and national markets.
Our panelists:
Jon Treitel, CFA, CAIA, Portfolio Strategist, CBRE Investment Management
Jon Treitel is the Portfolio Strategist for Listed Real Assets at CBRE Investment Management. Jon serves on the investment team, supervises thought leadership, and supports new product and business development with client solutions and with distribution partners.
Prior to CBRE, Jon served as a Portfolio Manager and Research Analyst for real assets, natural resources, and global equities at firms including Center square Investment Management, Turner Investments, and Deutsche Bank. His work has included long only, long short, and market neutral strategies. He has 18 years of industry experience. He is a CFA charter holder and holds the CAIA designation.
William M. Gladstone, CCIM, SIOR, Executive Vice President, NAI CIR
William (Bill) M. Gladstone, CCIM, SIOR has maintained a high profile while associated with NAI CIR, the largest commercial industrial real estate firm between Pittsburgh and Philadelphia. His success is due to the regional and national companies that have requested his services for acquisitions, expansions and relocations within Central Pennsylvania over the last 35 years. Additionally, local companies and individuals he has represented have become repeat clients.
Bill’s success with sellers/landlords and buyers/tenants comes from his attention to detail and a strong desire to satisfy the individual needs of each client. Bill keeps transactions moving swiftly by bringing related services into the transaction as needed: engineering, construction, environmental, legal, interior design, architectural, etc. Additionally, as evidenced by his CCIM and SIOR designations, Bill is on the leading edge of education and technology.
With an annual sales volume over 30M for each of the last five years, Bill and his group handle a large percentage of NAI CIR’s annual transactions.
Chris Taube, Managing Director, Goldman Sachs Asset Management
Chris is a managing director in the Alternative Capital Formation Group within Goldman Sachs Asset Management, where he is responsible for capital raising, client strategy and investor relations for the firm's private real estate strategies. Chris joined Goldman Sachs in 2022 as a managing director.
Prior to joining the firm, Chris was a senior managing director at Medley, where he was responsible for raising capital across various strategies including private credit, structured credit and tactical opportunities. Prior to that, he was head of fundraising and China real estate investing at Aetos Capital Real Estate. Earlier in his career, Chris worked in real estate principal investing at Fremont Realty Capital and The Georgetown Company. He began his career as an analyst at Lazard.
Chris earned a BA in Economics from Princeton University in 1995 and an MBA from Columbia Business School in 2003.
Our moderator is Cody Steele, CFA, Real Assets Investment Professional at PSERS
Lite bites and refreshments will be served.
Registration:
CFAP Members: $25.00
Non-Members: $50.00
This event is being produced by CFAP Central PA. CFAP Central PA is a special interest group of the Society. Its mission is to create programs and events for CFAP members and CFA candidates outside of the Philadelphia area. For more information on the group, e-mail us at [email protected]
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