NAIOP South Florida is hosting a series of free, virtual roundtable presentations to discuss public health and economic concerns, and how to navigate business disruptions and the many future unknowns that lie ahead for the industry during this unprecedented time.
NAIOP South Florida’s Jules Morgan says, “As a leading resource to the commercial real estate industry in South Florida, this ongoing virtual program will allow our members and the greater community to connect, share and learn so that we can successfully manage this crisis together.”
The most recent event focused on the office market. The discussion included Grover Corlew’s Mark Corlew, Butters Realty & Management’s Darcie Lunsford, Avison Young’s Greg Martin andJLL’s Barbara Black. The group addressed the impact of COVID-19 on the South Florida office market, and what can be expected moving forward in terms of leasing demand, corporate footprints and design.
Upcoming “Navigating the Market” virtual roundtables include: “Cares Act Deep Dive,” on Wednesday, April 29. Ashlie Forum, of Marcum’s Tax & Business Services Division, will provide a full rundown of the unprecedented federal stimulus program and the little-known tax enhancements for commercial real estate tucked inside.
“Now What: CRE Market Status Report and Outlook,” on Monday, May 4. CBRE Senior Economist Spencer Levy will give a second quarter status report, and will look beyond the immediate fallout to the second half of 2020 and into 2021. Participation for non-members is $10, and members are free.
“Show Me the Money …. and the Discount Deals”, on Thursday, May 14. Pryse Elam of Foundry Commercial, Christian Lee of CBRE, Doug Mandel of Marcus & Millichap and Jason Hochman of Cushman & Wakefield will give a market status report and discuss post-COVID-19 commercial real estate pricing, sale volumes and near-term outlook.