Shows
The Real Estate Market Watch - current events through a real estate lens.Labor, Not Inflation, Drives CRE Cycles My guest today is Ryan Severino, Chief Economist & Head of Research at private equity real estate shop, BGO ($89 billion of AUM), who cuts through the macro noise with a practical roadmap for real estate sponsors and their investors. Driving Thesis: A new administration: slower immigration, volatile trade policy, and accelerating AI. These three forces are reshaping growth, hiring, space demand, and cap rates. If you're waiting for "inflation down → all clear," you'll miss the real drivers. Why it matters: The biggest hit was capital-markets math. If the Fed guides toward neutral (where the Fed's actions neither stimulate nor restrains economic grow...
2025-09-3055 min