As the commercial real estate industry continues to regain its strength, investors from all corners of the marketplace are looking to allocate more money to the sector. Up until last year, many have remained extremely cautious, sticking to the healthiest of the core asset classes (multifamily, grocery-anchored shopping centers, class-A offices) in primary markets such as New York and San Francisco. This is starting to change.
Encouraged by strong growth in the domestic economy and greater credit availability, and facing intense competition for acquisitions in the nation’s biggest markets, investors have begun pouring money into a variety of asset types, in an expanding array of markets. Many are now looking for properties in secondary and even tertiary cities, and for value-add and redevelopment opportunities. At the same time, major demographic and technology trends, such as the aging of the baby boomer generation, the rise of millennials and the e-commerce revolution, have created an appetite for more alternative asset types. These include student housing, seniors housing, medical offices, self-storage and data centers, among others.
Last week, we launched NREI’s daily e-newsletters, to reflect the dynamic, evolving nature of the commercial real estate business today. We are making some other changes as well. Elaine Misonzhnik is being promoted to the position of content director and will take over the day-to-day management of NREI’s website, e-newsletters and print editions. She has been with NREI since 2006 and has 14 years of experience covering commercial real estate. She will work with David Bodamer, executive director of content and user engagement, on maintaining NREI’s place as a leader in the commercial real estate media space. David will continue to oversee overall editorial strategy for NREI and Waste360. He previously served as editor-in-chief of Retail Traffic. He has more than 10 years of experience covering the commercial real estate industry and is a graduate of the University of Virginia
National Real Estate Investor has a track record that stretches back more than 50 years. National Real Estate Investor, nreionline.com, and its suite of digital products remains a leading commercial real estate media brand where all disciplines of commercial real estate meet.
As the year progresses, we will be bringing you a wider array of information products, which will be based on in-depth, up-to-the minute research. These will range from digital research reports to research-backed slideshows to more columns from industry professionals with years of experience and keen insights into current market trends.
Our main goal is to provide the most relevant and engaging content for our audience. As we work to make NREI your go-to resource on industry trends, please let us know what topics are of interest to you and what type of content you find the most useful. We look forward to hearing from you!
Lastly, some background on us.
Rich Santos will continue to serve as group publisher and focus on meeting the marketing services and advertising needs of the market as it relates to the brand. He will oversee and manage the business development group of Cynthia Kudren and Christine Girardi. Please contact Elaine for editorial issue and Rich, Cynthia, or Christina for commercial opportunities.
Penton Commercial Real Estate Contacts:
Elaine Misonzhnik, Content Director, [email protected]
David Bodamer, Executive Director, Content & User Engagement, [email protected]
Rich Santos, Publisher, [email protected]
William O’Conor, Vice President, Financial Services Group, [email protected]