Nareit's REIT Report Podcast

Chad Tredway, managing director and head of real estate Americas at J.P. Morgan Asset Management, was a guest on the latest episode of the REIT Report podcast.Tredway said the current environment represents “the best buying opportunity” for commercial real estate. Fundamentals are strong and investors are in a position to purchase assets at a 10% to 30% discount compared with pre-2022 levels, “which represents an amazing return.”“Now is a great entry point for those that have capital. And we also see hope on the horizon as we believe rates will come down...we think it's a great time to think about long-term investment in this space and we do believe in real estate as a long-term anchor for portfolios,” Tredway said.This episode is supported by LoopNet.

David Bonser, global managing partner of the corporate practice and global co-head of the REIT practice at Hogan Lovells, was a guest on the latest episode of the Nareit REIT Report.Bonser discussed the current state of the capital markets for REITs and the most popular methods for raising capital.“You are seeing people lock in to raise debt capital because they've held off for a couple of years, and you do need to get your debt balance sheet in order, so we're seeing a lot of activity there,” Bonser said.

In this episode of the REIT Report special series “Building to Zero,” Bryn Baker from the Clean Energy Buyers Association (CEBA) discusses how energy customers are a powerful voice for modernizing the power system that underpins economic growth and development.The Clean Energy Buyers Association (CEBA) represents members with about $15 trillion in market cap. That's about 400 members who collectively are a community of commercial, industrial, and institutional energy buyers. In this episode, Baker discusses how energy customers drive demand and how CEBA is focused on addressing barriers to energy supply challenges that hold back the demand for clean energy.

LaSalle’s Brian Klinksiek discusses the potential of a new golden era for REITs, highlighting their role as market consolidators. Topics include interest rate fluctuations, global market differences, real estate supply variability, and secular themes impacting the commercial real estate market.

John Worth, Nareit executive VP, discusses REIT operational performance in 2024 mid-year report. Despite stock market underperformance, REITs show high occupancy, positive NOI/FFO growth, and disciplined balance sheets. Analysis includes REIT trends, market convergence, active fund manager positions, and global return trends.

Tim Bodner, U.S. real estate deals leader at PwC, was a guest on the latest episode of Nareit’s REIT Report podcast.Bodner underscored a dynamic real estate market adapting to new economic realities and the importance of leveraging technological advancements to navigate challenges and seize emerging opportunities in 2024.He noted that transaction volume in traditional real estate sectors continues to be lower than a year ago, reflecting persistent challenges such as valuation disparities between buyers and sellers. Meanwhile, ongoing shifts in the financing landscape are resulting in traditional lenders retreating while private credit, especially from insurance-backed alternative asset managers, gain traction.

Gina Szymanski, managing director and lead portfolio manager, North America REITs, at AEW Capital Management, was a guest on the latest episode of the REIT Report podcast.Szymanski noted that a lot of discussion at Nareit’s REITweek: 2024 Investor Conference focused on the capital markets backdrop and what that means for transaction activity.

Julie Whelan, global head of occupier thought leadership at CBRE, was a guest on the latest episode of the REIT Report podcast.Whelan discussed the findings of a new CBRE report, Shaping Tomorrow’s Cities, which looks at ways to reinvent U.S. cities after the upheaval of the pandemic and the growth of remote work. She noted that urban revitalization trends that were evident in the period leading up to the pandemic were “stopped in their tracks” by COVID-19 and the “sheer concern of density being a health problem.”The CBRE report found that a diverse built environment in vibrant mixed-use districts was more attractive to office tenants, more attractive to residents, and more attractive to retailers setting up shops to support the population in that area. Vibrant mixed-use districts are essential for urban rejuvenation, Whelan said, “because just working in cities is not the pure draw anymore.”

Jim Risoleo, president and CEO of Host Hotels & Resorts, Inc . (Nasdaq: HST), was a guest on the latest episode of the REIT Report podcast.During the interview, Risoleo discussed the REIT’s latest results, trends in leisure and group travel, recent acquisitions in Nashville, conditions in Maui, renovation projects, sustainability targets, and more.Commenting on the outlook for the lodging sector in general, Risoleo said it is set up for solid performance for at least the next several years, with supply growth at historically low levels.

John Sullivan, chair of U.S. real estate and co-chair of the global real estate practice at DLA Piper, was a guest on the latest episode of the Nareit REIT Report.Sullivan shared some of the findings from the DLA Piper Global Real Estate State of the Market Survey 2024. He described sentiment among CRE executives today as one of “cautious optimism.”“I think the message we're getting is that people think the skies are starting to clear a little bit. Nobody is saying that we're there yet, but people are looking at interest rates having stabilized and there's an expectation of some rate cuts,” Sullivan said.