Profiles of the
By Joseph Dobrian
Movements aren’t always easy to define in commercial
real estate, but you can often get an idea of where the
industry is going by observing some of the top exec-
utives in the business.
Among the apparent trends are consolidation, as real estate
companies look to create synergies; tighter credit, which could
lead to a stronger position for balance-sheet lenders; creative
structures and takeouts, as lenders and arbitrageurs look for
opportunistic plays; a greater focus on developing environmen-
tally responsible buildings; increased globalization; and adopt-
ing a more exacting asset-by-asset approach to strategic planning in an uncertain market.
Once again, as part of our Annual Review & Forecast, REAL
ESTATE FORUM is turning the spotlight on those executives who
we believe will be setting the pace and direction for the industry in the coming months.