A large gathering of the commercial real estate industry’s senior decision-makers heard Sandy Paul, Newmark’s Senior Managing Director of National Research, deliver a state-of-the-market overview and forecast presentation. The presentation distilled trends and shed light on the pivotal forces and issues that will affect Southern California’s economy and commercial real estate industry in the coming years. Following the presentation, Kevin Shannon, Newmark’s Co-Head of Capital Markets, moderated a panel discussion with three local luminaries: Jackie Denning, Managing Director and Head of the Los Angeles Regional Office for MetLife; John Brady, Managing Director and Portfolio Manager for Oaktree Capital; and Adon Panattoni, Chief Executive Officer of Panattoni Development Company. They discussed the future of Southern California’s commercial real estate market. Guests at the invitation-only event then adjourned to a networking reception at the venue’s Blue Ribbon Garden.
Greg May, Newmark’s Regional Managing Director for Southern California, delivered the event’s opening remarks. Laura Stumm, Senior Managing Director in the firm’s Capital Markets practice, concluded the event by recapping Newmark’s rapid growth, both nationally and in Southern California.
Please view the event photo album or download the market presentation.