Event

LAI January Luncheon 2013

The Economy is in Muted Recovery, but the Property Investment Market is on Fire! What Gives?

If we have learned anything over the decades, it is that real property investment markets have behaved very differently during the recovery phases of economic cycles. For the first time in modern history, real estate has become a preferred investment in this recovery cycle, attracting substantial capital in an otherwise risk-averse and skittish investor market. These capital flows are providing obvious opportunities for sellers of stabilized properties, developers and value-added investors. The Bay Area is leading the national economic recovery, and as a result is attracting a disproportionate share of this real estate capital. What is a core investor to do with return yields bid down to historic lows? Please join two real estate forecasters for a discussion about where the best opportunities are likely to be for investing in 2013. Asieh Mansour is Head of Research, Americas for CBRE and Alan Billingsley is former Head of Americas Research at RREEF.