"State of the Commercial Real Estate Market 2024: Insights from Industry Leaders" 00:10:00
On June 18, Baker Tilly Principal Brent Maier was joined by Eric Batis, executive vice president of operations at Ashford, Inc., Jonathan Chasson, CFO of Brixton Capital, and Frank V. Saracino, CFO and EVP at BrightSpire Capital, to discuss the current state of the commercial real estate market and strategies for navigating the second half of 2024. The panel covered a range of topics including the implications of recent Fed rate changes, upcoming mortgage and real estate loan maturities, alternative capital sources for real estate projects, the buy-sell gap, insurance costs and availability, capitalization rates in the hospitality and multifamily housing sectors, market opportunities, the impact of the upcoming election on transactions, and the role of Artificial Intelligence (AI) in data centers and other real estate sectors.