With the new administration and slow growth we saw in 2016, it’s tough to predict where many commercial real estate trends are headed this year. To discuss, we’ve called in the experts at REIS to share their insights into the future of the office sector as well as specific growth trends we can expect this year. Barbara Denham, Senior Economist of research & economics at REIS, will provide her office industry outlook so you can stay ahead in our financial industry.
What you’ll learn:
- Where are office net absorption and vacancy rates headed?
- What trends can we see in office rent growth?
- How is the office sector performing overall in 2017?
- How is employment impacting office sector growth?
Meet Your Speaker:
Barbara Byrne Denham
As Senior Economist of the research and economics department at REIS, she helps the firm with market forecasting, valuation, and portfolio analytics services. Prior to REIS, Barbara served as Chief Economist at Eastern Consolidated where she spearheaded the research effort and wrote a series of white papers and market reports on the CRE market and NYC economy. Barbara has also served as Research Manager at Jones Lang LaSalle where she wrote periodic reports and other white papers on NYC’s real estate market.
The New York STAT, an economic newsletter for New York City, was created by Barbara and her research has appeared in a number of journals including The Real Estate Finance Journal. Her white papers and assessments of market conditions have appeared in international publications like The Economist, The Wall Street Journal, The New York Times, The Financial Times and Crain’s New York Business. Barbara has also appeared on Bloomberg TV, is a member of NYCREW, and serves on the New York City Mayor’s Office of Management and Budget economic advisory committee. Barbara is a Ph.D. candidate in economics at New York University and holds a bachelor’s of business administration degree from the University of Notre Dame.