The 2014 CCIM Commercial Real Estate Forecast Competition scheduled for Thursday, Feb. 6, provides one of the best opportunities to learn about the many factors affecting Houston’s complex real estate marketplace.
The annual CCIM Forecast has become one of Houston’s best attended events for commercial real estate professionals. Attendees hear seasoned industry leaders discuss market conditions as well as earn four hours of MCE credit.
Future market trends are predicted with a debate-style competition by local experts in the office, retail, industrial, land and multi-family markets. In addition to the brokers discussing the various property types, the economic picture for the region and state will be presented by Dr. Mark Dotzour, Chief Economist of the Real Estate Center at Texas A&M University, in a keynote address at 8 a.m. Conducted in a new location and newly completed building, Granite Briarpark at 3151 Briarpark Drive, the Forecast concludes at noon.
Although the CCIM Forecast event is billed as a competition, the event is more about a shared perspective. The presenters listed in the table below typically agree on most substantive points. But having two presenters approach the same topic from different perspectives provides additional insight into a large, complex set of markets. One presenter may be more optimistic and the other perhaps more pessimistic, but the format creates a conversation that describes the markets in more detail than a matrix of market metrics and prognostications.
Make plans now to attend the CCIM Forecast Competition if you want to gain the knowledge to make better business decisions in the Houston and Texas Gulf Coast commercial real estate marketplace. Costs are: $75 for CCIM chapter members, $100 for non-chapter members and $10 for students. A $10 fee will be added after Feb. 3, and students must contact the chapter to receive the reduced rate. For more information, contact Ginger Coleman, (713) 783-0297, ginger@amchouston.com.
CCIM Commercial Real Estate 2013 Forecast Competitors
Land
Competitors: David Marshall of ARA Land and Joel C. English of Siterra Properties
Moderator: Frank Fitzgerald, CCIM of NewQuest Properties
Retail
Competitors: Lance Gilliam of Waterman Steele and Micha Van Marke, CCIM of Transwestern
Moderator: Abe Pacetti of Regency
Industrial
Competitors: Rusty Tamlyn, CCIM of HFF and Justin Bennett of DCT Industrial
Moderator: Bill Byrd, CCIM of Colliers International
Office
Competitors: Jon Silberman of NAI Houston and Bob Parsley of Colliers International
Moderator: Danny Miller, CCIM of HFF
Multi-Family
Competitors: Ryan Terrell of Greystar and Kenneth Valach of Trammell Crow Residential
Moderator: Alan Patton of The Morgan Group
Land
Competitors: David Marshall of ARA Land and Joel C. English of Siterra Properties
Moderator: Frank Fitzgerald, CCIM of NewQuest Properties
Retail
Competitors: Lance Gilliam of Waterman Steele and Micha Van Marke, CCIM of Transwestern
Moderator: Abe Pacetti of Regency
Industrial
Competitors: Rusty Tamlyn, CCIM of HFF and Justin Bennett of DCT Industrial
Moderator: Bill Byrd, CCIM of Colliers International
Office
Competitors: Jon Silberman of NAI Houston and Bob Parsley of Colliers International
Moderator: Danny Miller, CCIM of HFF
Multi-Family
Competitors: Ryan Terrell of Greystar and Kenneth Valach of Trammell Crow Residential
Moderator: Alan Patton of The Morgan Group
