Real Estate Quarterly Dialogue (2Q12)
Economic and Employment Stagnation Chills Markets
Friday, August 24, 2012
In our newest edition of the Real Estate Quarterly Dialogue, Edward Casas and Darin Buchalter discuss “Economic and Employment Stagnation Chills Markets.” While the economy during the second quarter of 2012 did post positive growth, the rate was well below initial estimates and many are concerned that the recent gains are weakening. This uncertainty, coupled with worldwide and domestic volatility has weakened consumer confidence and stagnated the recovery of many real estate asset classes. Despite the overall apprehension and conservative investment stance, there are specific domestic markets that have outperformed the national averages.
Our quarterly report discusses our cautious view on the rate of recovery of the commercial real estate markets in "Tempering Local Optimism."
Our quarterly report discusses our conservative outlook on the rate of recovery of the commercial real estate markets in "The Changing Landscape of CMBS: Moving to CMBS 2.0."
Edward R. Casas, MD
Ed is Senior Managing Director and Head of Navigant Capital Advisors. He specializes in financial and operating restructurings, investment banking, valuation, corporate finance, mergers, acquisitions and divestitures and strategic plan development on behalf of creditors, debtors, equity sponsors, third party purchasers and sellers. He is located in the Chicago area.
Darin L. Buchalter
Mr. Buchalter is a Managing Director and Head of the Real Estate practice. He provides expertise in financial, operational, organizational, and risk management matters to public and private REITs, private equity firms and hedge funds, real estate investment advisors, asset managers, financial services firms, and their counsel.