CBRE’s Senior Economic Advisor & Global Chief Client Officer, Spencer Levy joins Terry Montesi and Chad Colley of Trademark to discuss macro-economic trends in the global real estate market, with a specific focus on mixed-use and multifamily assets. Spencer shares his thoughts on CBRE’s research and 2022 predictions, as well as his research-based investment insight, including the recently published report Live Work Play: Millennials Myths and Realities.
Leaning In is published every second and fourth Wednesday of the month. Be sure to follow the show on your preferred podcast app to hear Part 2 of Terry, Chad and Spencer’s discussion.
Links
Talking to Strangers by Malcom Gladwell
Millennial Myths: Live Work Play by CBRE
Topics
(0:49) - Spencer’s Background and career
(3:05) - What are the notable Real Estate trends you’re watching in the US in 2022?
(5:40) - What trends are you seeing specifically in Texas?
(7:34) - What questions are your clients asking you to look into from a research perspective?
(9:50) - What advice would you give to Trademark and other companies looking into Multifamily?
(11:45) - Do you believe job growth is a good statistic for multifamily need?
(13:18) - Where would you be investing your money over the next few years?
(14:31) - Thoughts on Malls
(16:45) - What technology is CBRE using to collect data?
(19:13) - What covid-related trends, such as the flight to the suburbs, are you continuing to track?
(21:48) - What can we expect to see from multifamily in the coming years?
(23:18) - What should multifamily developers and investors be concerned about?
(24:49) - What do you expect to happen to rents if inflation continues to rise?
