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EXECUTIVE WATCH GlobeSt.com:
BY ANTHONY J. LOPINTO
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| EXECUTIVE WATCH
is a weekly column featured on GlobeSt.com, the leading online real estate
news site. Tony LoPinto, the CEO of Equinox Partners has been the
author of this widely read column.
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High Hopes for '09
By Anthony J. LoPinto
April 01, 2008
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I had the pleasure of attending the Pension Real Estate Association's spring meeting last week in Boston. It was a standing-room-only crowd, and the PREA folks (as well as the meeting chairs, among them Steve Quazzo) put on a great conference. Occasionally I heard someone say that the strong turnout represented a "lag-effect," and next year will be different (i.e.: attendance will be way down). I doubt it. While the mood was not exuberant, it was definitely cautiously optimistic about 2009, and this is far from a replay of the early '90s. Capital is plentiful; most real estate markets are in equilibrium; and (thank goodness) the election will soon be over. On the recruiting front, the news is equally positive, with most executive search firms relatively busy. What's my prognosis for next year? I'm reserving my room for the '09 spring meeting; there's going to be a major-league shortage.
© 2008 - GlobeSt.com, all rights reserved.
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