2024 Commercial Real Estate Market Outlook at The Elser Hotel
Miami’s commercial real estate market took center stage on December 12 at the inaugural PROFILEmiami Commercial Real Estate Market Outlook event. Held at The Elser Hotel & Residences in Downtown Miami, the conference brought together key players in the industry, from private equity investors to developers to financiers.
The event featured two panel discussions that delved into the Retail, Office, Industrial, and Multifamily sectors. The CRE State of the Market panel, moderated by Philip C. Rosen of Shutts & Bowen, included industry experts like Stephen Bittel (Terranova), David Moret (Highline Real Estate Capital), Eduardo Otaola (Constellation Group), and Lisa Holt (Ivy Risk Strategies). They explored topics such as how commercial real estate values have been impacted by financing rates, post-COVID changes in the industry, and their insights on future market trends and investment strategies.
The Multifamily Pipeline Panel, moderated by David Eyzenberg of Eyzenberg & Co., featured Michael Hass (Bainbridge), Asi Cymbal (Cymbal DLT Companies), Jake Geleerd (Tortoise Properties), Omar Morales (Berkadia), and Brian Koles (PMG). This panel discussed strategies for building success, rising construction costs, and how to enhance residents’ lives while maximizing lease-up rates through technology.
Sponsors for the event included Disruptive Real Estate, Roomsys, Jacobs Construction, DODA Spaces, E11EVEN Vodka, and others. Attendees had the opportunity to connect and network during the Networking & Showcase Room session, enjoying bespoke networking with industry leaders in a chic cocktail setting complemented by E11EVEN Vodka cocktails and beats by DJ San_Dee.
In conclusion, the PROFILEmiami Commercial Real Estate Market Outlook 2024 event was a success, shedding light on key industry trends and providing a platform for meaningful discussions on the future of commercial real estate in Miami and South Florida.
