The semi-annual ULI Real Estate Consensus Forecast is based on a survey of 48 leading real estate economists and analysts, including noted real estate investment expert, economist and CEO of Everest Healthcare Properties, Dr. David Lynn.
Real estate economists boosted their outlook for economic growth in March’s ULI semi-annual survey, compared with the survey of six months ago. The passage of the Tax Cuts and Jobs Act in December 2017 may have positively affected their forecast; this same group had shown a tempering of their expectations in the previous survey. The expectation for stronger economic growth is accompanied by the potential for higher inflation and interest rates. The higher rates, however, are not projected to be detrimental to real estate returns.
The three-year forecast findings include both near-term and longer-term projections for a wide variety of key economic and industry indicators, ranging from employment figures to housing starts to property sector performance.
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David Lynn is a finalist for the Rookie of the Year Award at the Commercial Real Estate 20 awards ceremony February 7 in New York City.
New managers have it tough – it’s harder to raise capital and get deals done. The Rookie of the Year award will recognize a manager that’s been able to cut through all of the start-up red tape and get significant transactions done.
Real Estate Finance & Investment will be honoring outstanding achievement among commercial real estate private equity funds, investment management companies, and real estate investment trusts and their advisors.
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As an emerging asset investment class, medical office building (“MOB”) investment is in the early stages of development.
Limited, fragmented, and inconsistent information creates barriers to entry for most investors seeking to get access to the space and also provides a competitive advantage (“information arbitrage”) to Everest. Everest gathers and analyzes unique data sets and uses proprietary methodologies and algorithms to obtain a highly nuanced and actionable understanding of location, demographics and medical space dynamics.
Our process begins at the national level and provides valuable information necessary for strategic direction of investments by market and other selected property characteristics. We then measure and map these supply and demand factors and target properties that attract the greatest medical tenant demand at the regional, local and submarket levels. This data-driven, research-based approach to investing results in a deep understanding of space that is intrinsic to Everest’s DNA and is a key source of our competitive advantage.
© Everest Healthcare Properties, LLC