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CRE Members Meet with Ghanaian Delegation
Counselors of Real Estate Peter Burley, Barton DeLacy, Maxine Mitchell and Bruce Reid met with Parliamentary officials from Ghana on August 7 at the CRE office in Chicago. The group discussed Real Estate Counseling as a highlight of the delegation's tour to learn about real estate best practices in the U.S. The officials are ranking members of the Parliament’s committees on Works and Housing and Lands and Forestry.
 


Counselors Speak at MIPIM Japan in Tokyo
Noah D. Shlaes, CRE, 2015 Chair of The Counselors of Real Estate, spoke at the MIPIM Japan international conference in Tokyo on the panel “The Role of Counselors/Advisors in Global Real Estate Decision Making." Shlaes, Senior Managing Director, Global Corporate Services, Newmark Grubb Knight Frank, addressed the role of Counselors as guides to legal, cultural and transactional markets on the other side of the world. Hiroyuki Isobe, CRE, President, Japan Valuers Co., Ltd, Tokyo, moderated the discussion. He also serves as Managing Director of the Japan Association of Real Estate Counselors.
 


Delaware Valley Hosts Economic Update at Villanova University
The Delaware Valley Chapter of The Counselors of Real Estate, in conjunction with The Daniel M. DiLella Center for Real Estate, Villanova School of Business, recently hosted an Economic Update featuring Dr. Mark Zandi of Moody’s Analytics. The takeaways for CREs and others in attendance were:

  • Full U.S. employment is expected around mid-summer 2016.
  • Wages are rising, especially in professional services, and consumer spending is strong.
  • Expect more HH formations and strong multifamily demand for the next 3 years from the 3.5 million millennials who are living at home or tripling with roommates.
  • Expect interest rates to start rising in December to a peak of 3.5% in 3 years.
  • The average age of the first-time homebuyer is 32. The current median age of the millennials is 26.
  • The home ownership percentage was 64% in 1992 and 70% at its peak in 2007-2008. It is currently 63% and will probably settle at 64% with the high cost of mortgages today.
 
Counselors Speak about CRE Consulting Corps at CCFM Conference
Two CRE members – Kathleen Rose, CRE, president and CEO, Rose & Associates Southeast, Davidson, N.C. and Tom Justin, CRE, principal, The Weitzman Group, New York City – spoke in May at the Annual Conference for Catholic Facilities Management in Savannah, Ga. They presented a case study of the CRE Consulting Corps’ project which is helping the Diocese of Charleston, S.C. improve management of its properties and develop strategies for expansion. Lydia Doyle, director of research and planning for the Diocese, co-presented. The CRE Consulting Corps is a public service initiative through which members volunteer their professional expertise to help non-profit, government and educational entities solve complex real estate problems.
 
Curme Receives Carolinas’ Creative Thinkers Award
Geoffrey M. Curme, CRE, managing member, Mount Vernon Asset Management, Charlotte, received a 2015 Creative Thinkers Award, celebrating his work redeveloping the EpiCenter in Charlotte. View the video to see how his vision transformed Charlotte’s north end. The award was presented at the CRE Carolinas Chapter luncheon event February 25. - Geoffrey Curme, CRE
 


The Counselors’ Top Ten Issues Announced
The Counselors’ list of the Top Ten Issues Affecting Real Estate 2015-16 provides objective insight and perspectives about the most critical factors affecting commercial and residential real estate. The Counselors’ External Affairs Committee leads development of the annual list. Click here to view full list.
 

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Upcoming Meetings


2016 Spring Symposium
March 30 – April 1, 2016
Stanford University, CA
In partnership with Royal Institution of Chartered Surveyors and Stanford University

2016 International Conference
June 16-17, 2016
Berlin, Germany
Westin Grand Berlin Hotel

2016 Annual Convention
September 25 - 28, 2016
Four Seasons Hotel
Washington, DC

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