On March 20th, Ian Formigle, our Chief Investment Officer, Dr. Julia Freybote, Professor of Finance and Real Estate at Portland State University, and Karlin Conklin, Investors Management Group Principal, Executive VP came together for a special live broadcast to discuss both the current economic environment and offer some historical analysis.
“The commercial real estate industry looks at volatility in quarters and years, not days and weeks,” Ian Formigle, Chief Investment Office at CrowdStreet.
Among other things, the panel discussed:
- How the current economic situation is impacting different commercial real estate asset classes.
- Why some In commercial real estate, the sponsor is an individual or company in charge of finding, acquiring and managing the real estate property on behalf of the partnership. The sponsor is usually expected to invest anywhere from 5-20% of the total required equity capital. They are then responsible for raising the remaining funds and acquiring and managing the investment property’s day-to-day... More may decide to pause distributions and focus on collections.
- How investor sentiment has historically impacted commercial real estate during a recession.
- What CrowdStreet is looking at when evaluating deal flow moving forward.
The panel also took questions live from the viewers and discussed concerns about liquidity, how REITs have been affected, what lenders are doing, and more.