Phoenix, Arizona – December 14, 2022 – It is one of the most exciting events held in the commercial real estate industry to kick off 2023. The 16th Annual IREM/CCIM Economic Forecast, the premier real estate outlook will be held at the Arizona Biltmore Resort on Thursday, January 26, 2023. This notable commercial real estate event brings together top experts, moderators, and panelists to provide professional insights into the Arizona commercial real estate market.
The Valley’s top economic specialists and education leaders will be divided into multiple areas of the commercial real estate industry. This year’s keynote speaker is a Partner and Senior Economist with Elliott D. Pollack & Company. Danny Court has extensive experience in acquisitions, valuations, and more. The keynote sponsor, The Mahoney Group’s David Cummard shared his thoughts on Danny’s level of expertise. “I am fully expecting him to bring his crystal ball. All joking aside, our Real Estate Risk Management clients will appreciate Danny’s intensely studied insights on the Arizona and National economies and their projected effects on AZ real estate investing. His presentation is a do-not miss event, if you want all the relevant information going into 2023.”
The 2023 CCIM Chapter President, Brian Teske stated, “This Economic Forecast couldn’t come at a better time. With the market heading towards difficult times with high interest rates, inflation, etc., what better time to turn to our market leaders in the industry for insight on the best way to navigate these difficult times.” Every year this event brings firsthand experiences and professional insight into many critical areas of the commercial real estate industry that professionals need to be aware of. Teske also added, “I am also very excited about our addition of a Hospitality speaker to bring us an update on the Arizona Market. I would like to welcome all Hospitality professionals to attend this year for some very valuable insight.” Our Title Sponsor, Jeremy Berger with Next Protection said, “Next Protection is proud to serve on the planning committee that is always improving the Forecast’s format and content to deliver up-to-the-minute analysis of Arizona’s CRE industry.”
The event itinerary includes over a dozen combined experts on panels such as Office, Multifamily, Industrial and Retail, which are sponsored by Colliers International, Arizona Association of Realtors®, Link Logistics Real Estate, and MEB Management Services, AMO®/ MEB Commercial Management Group. This year’s industry panels include:
- Office Panel: Moderator, Andrew Cheney, CCIM, SIOR®, CIE and panelists, Chris Marchildon – CBRE, Michael Marsh – Colliers International, Andi St. John – CBRE, and Josh Tracy – Ryan Companies.
- Multifamily Panel: Moderator, Linda Fritz-Salazar, ORION Investment Real Estate and panelists, Jim Crews – Cushman & Wakefield, Patrick O’ Meara -Taylor Street, Adam Parker – Gantry, and Jay Ramos – OPUS
- Industrial Panel: Moderator, Todd Hamilton, CCIM, SIOR® and panelists, Jeff Foster – Prologis, Angela Gomez-Jones, CPM, RPA – Link Logistics Real Estate, Mike Haenel – Cushman & Wakefield, and Rob Martensen, CCIM, SIOR® – Colliers International
- Retail Panel: Moderator, Carol Schillne, CRX, CLS – ORION Investment Real Estate, Berlitz Georges – Pinnacle Bank, Rommie Mojahed – SVN Desert Commercial Advisors, Michael A. Pollack – Pollack Investments and Aaron Strole – Capital Asset Management. The Hospitality Market Update: Jesse Thompson, Hotel Valley Ho
- Hospitality Market Update: Jesse Thompson, Hotel Valley Ho
All the panelists have been selected due to their experience and knowledge in their specified markets and will be moderated by local commercial real estate professionals. Multifamily panelist, Principal, Adam Parker with Gantry stated, “As the commercial real estate market enters a state of dislocation, market participants are looking for insights into the future. I believe this forecast will provide all of us with valuable information that we can use to navigate the coming year.” Additionally, Director of Retail Leasing & Sales Investment, Rommie Mojahed said, “In the past I think this event really helps jump start the new year. There are a lot of great networking opportunities and connections made during this event. The information in the past has proven to be insightful and helpful. There are a lot of moving parts with the Fed, cap rates, lease rates, etc. Arizona is more insulated as the growth continues and it will be good to hear everyone and their professional opinions and perspectives.”
IREM’s 2023 Chapter President, Ed Valerio, CPM® stated, “The Economic Forecast serves the entire CRE community by providing valuable insight to owners, investors, brokers, managers and more on the specific trends and outlooks for each product type, as well as a macro view of the national economy. Of all the industry events that take place in Phoenix each year, this stands out as the one "can't miss" event!”
The event is scheduled for Thursday, January 26, 2023, at the Arizona Biltmore (Arizona Ballroom), 2400 E. Missouri Ave., in Phoenix. Registration and breakfast begin at 7:00AM and Introductions for the event start at 7:45 AM. Registration for IREM/CCIM members is $119; $129 for non-members; and $149 at the door for any participant. 3 CE Continuing Education credits have been approved by the Arizona School of Real Estate & Business. To secure your attendance for the annual commercial real estate outlook event, be sure to register at: www.iremccimeconomicforecast.com