Data vs. Dirt: Two Views of 2025

Spencer Levy, Global Head of Research for CBRE (and the most entertaining and over-caffeinated economist in real estate), will face off with Geordy Johnson, CEO of The Johnson Group, a multi-generational and multi-property type developer operating coast to coast.

Spencer will download the State of the Real Estate Union from the 50,000-foot level, addressing:

• Are we at the Bottom of the Cycle, with only one direction left to go? Or bouncing along the trough in limbo?
• How much gas does Jay Powell have in his tank?
• Cap rate compression is finally here, right?! (at least GreenStreet says so).
• Lenders are back, but are they bringing their game-face? 
• 47 is the new 45. Where do we re-align - if at all - now that Donald Trump returns as President?
• Ouch, why are treasury rates spiking?

Meanwhile, Geordy operates at ground-level, shovel in hand. Developing and operating a national portfolio of multifamily and industrial takes a different set of skills and intuition. His views on:

• Rate cuts – when do tangible results show up in your portfolio / net worth?
• Does geography matter? It seems coastal markets are done with the recession, but is the Southeast slowing down? Were we too healthy for too long?
• Is Florida an environmental and insurance Bridge Too Far?
• Where do you and your lenders not see eye-to-eye? 
• What are your investors pushing you to do first? 

Join us for a highly entertaining and lively rundown on what’s in store for 2025!

We thank our generous sponsors for their ongoing support: Crown Advisors, Dentons, Frazier & Dieter, LightBox EDR and Stewart Title - Commercial Services.

Best Regards, 

Bill Leffler | REIAC SE President

Phil Canzian | Program Organizer