Webinar – An Economic Outlook for 2023: The Forecast for CRE
As we enter 2023, a fair amount of uncertainty exists about the economic forecast. While some industry experts predict a pivotal year for the economy, continued inflation and rising interest rates will likely persist, and questions remain. Can the Fed cool inflation without a hard landing for the economy? Can the labor shortage weather any slowdown? And what could it mean for commercial real estate? Join us as we kick off the year with Ryan Severino (JLL Chief Economist), who will review the factors lining up for 2023 and what they mean for CRE transactions and other market conditions that impact environmental professionals.
About the Speaker
|Ryan Severino, CFA, Chief Economist, JLL
Ryan Severino is the chief economist at JLL where he manages the economics team and is responsible for global and regional economic research, analysis and forecasting as well as property market forecasting. Prior to JLL, Ryan served as senior economist and director of research at Reis in the research and economics department, the team responsible for the firm’s market forecasting, valuation, and portfolio analytics services. Ryan also served as the associate director of research at MetLife Real Estate Investments where he was responsible for macroeconomic and real estate market analysis, formulating portfolio strategy, and conducting deal reviews. Additionally, Ryan currently serves as an adjunct professor of finance and economics at Columbia University and New York University teaching courses such as urban economics, portfolio and risk management, microeconomics, and macroeconomics. He also has experience in real estate asset management, portfolio management, and acquisitions..
About the Moderator:
|Scott Davis, SVP, Industry Engagement, ERIS
Scott joined ERIS with the merger of GeoSearch in December, 2020. Scott was a founding partner and the Chief Operating Officer of GeoSearch for over 23 years. Upon his arrival at ERIS, Scott was responsible for the development and implementation of ERIS operational strategies and service processes. As of March 2022, Scott was appointed Senior Vice President, Industry Engagement, to oversee ERIS’ significant activities in the market, engaging with customers, association interests, tradeshows, and developing webinars, podcasts, and promoting industry thought leadership. Additionally, Scott has a significant depth of industry experience including project management, technical support for numerous environmental assessments, feasibility studies, and wetland determinations throughout the United States while working at Carter & Burgess, Maxim Engineering, Huntington and Southwestern Labs. Scott is the treasurer for the Industry Council on the Environment (ICE), founder and board member of the Central Texas Association of Environmental Professionals, and the Vice President of Municipal Utility District 23.