CRE N Illinois

More than 900 attendees crowded into the 16th Annual CRE Forecast to hear what the experts had to say

Steve Weinstock, of event co-host Marcus & Millichap, greets attendees at the Marcus & Millichap booth in the exhibit space at the Hyatt Regency Chicago. Steve Weinstock, of event co-host Marcus & Millichap, greets attendees at the Marcus & Millichap booth in the exhibit space at the Hyatt Regency Chicago.
The crowd began assembling early for the REjournals 16th Annual Commercial Real Estate Forecast Conference on January 17, 2018. The crowd began assembling early for the REjournals 16th Annual Commercial Real Estate Forecast Conference on January 17, 2018.
Caroline Linton, representing new sponsor CREW Chicago, served as the emcee for the event; it was Caroline’s second year as event emcee. Caroline Linton, representing new sponsor CREW Chicago, served as the emcee for the event; it was Caroline’s second year as event emcee.
As tradition has it, the president of SIOR (this year, Dan Smolensky, SIOR), helps open the Forecast. SIOR has been the longest running sponsor of the event! As tradition has it, the president of SIOR (this year, Dan Smolensky, SIOR), helps open the Forecast. SIOR has been the longest running sponsor of the event!
The crowd builds in anticipation of the three timely and informative general session panels that have become a tradition at REjournals’ Forecast. The crowd builds in anticipation of the three timely and informative general session panels that have become a tradition at REjournals’ Forecast.
Jim Letchinger (JDL Development), Andrea Zopp (World Business Chicago), Kent Swanson (Riverside Investment & Development) and Keating Crown (Sterling Bay) kicked things off talking about Chicago in 2020 and beyond. Jim Letchinger (JDL Development), Andrea Zopp (World Business Chicago), Kent Swanson (Riverside Investment & Development) and Keating Crown (Sterling Bay) kicked things off talking about Chicago in 2020 and beyond.
Dan Ryan of JLL guided the panel discussion "Chicago: A Focus on 2020 and Beyond." Dan Ryan of JLL guided the panel discussion "Chicago: A Focus on 2020 and Beyond."
Ken Szady (Marcus & Millichap), Dan Rosenberg (Cohen Financial), Drew Nieman (CBRE), David Bercu (Colliers) and Tony Pricco (Bridge Development) delivered the "State of the Market" insights. Ken Szady (Marcus & Millichap), Dan Rosenberg (Cohen Financial), Drew Nieman (CBRE), David Bercu (Colliers) and Tony Pricco (Bridge Development) delivered the "State of the Market" insights.
Danny Nikitas (Avison Young) once again took the podium to lead the questioning of the "State of the Market" panelists. Danny Nikitas (Avison Young) once again took the podium to lead the questioning of the "State of the Market" panelists.
It’s another standing room only crowd at this year’s Forecast event. It’s another standing room only crowd at this year’s Forecast event.
Geoff Kasselman (Newmark Knight Frank) and Mike Brennan (Brennan Investment Group) discussed e-commerce and the so-called “Amazonification” of U.S. real estate. Geoff Kasselman (Newmark Knight Frank) and Mike Brennan (Brennan Investment Group) discussed e-commerce and the so-called “Amazonification” of U.S. real estate.
The "E-Commerce: Fight It or Flaunt It" panel included Geoff Kasselman (Newmark Knight Frank), Mike Brennan (Brennan Investment Group), David Egan (CBRE), Michael Drew (Structured Development) and Adam Roth (NAI Hiffman) The "E-Commerce: Fight It or Flaunt It" panel included Geoff Kasselman (Newmark Knight Frank), Mike Brennan (Brennan Investment Group), David Egan (CBRE), Michael Drew (Structured Development) and Adam Roth (NAI Hiffman)
Speakers at the retail panel included Randy Blankstein (Boulder Group), Charles Margosian, III (Highland Management), Richard Krause (Path Construction), Deena Zimmerman (SVN) and Kevin Hynes (O’Keefe Lyons & Hynes). (Not pictured: Larry Kilduff, JLL.) Speakers at the retail panel included Randy Blankstein (Boulder Group), Charles Margosian, III (Highland Management), Richard Krause (Path Construction), Deena Zimmerman (SVN) and Kevin Hynes (O’Keefe Lyons & Hynes). (Not pictured: Larry Kilduff, JLL.)
Speakers at the industrial breakout session included Jeff Bennett (McColly Bennett), Dan Smolensky, SIOR (Taurus Modal Group) and Dan Brown (Brown Commercial Group). (Not pictured: Ivan Baker, North Central Economic Development; John Hasse, Hasse Construction; Scott Howe, Solect Energy and Kevin Matzke, Clarius Partners.) Speakers at the industrial breakout session included Jeff Bennett (McColly Bennett), Dan Smolensky, SIOR (Taurus Modal Group) and Dan Brown (Brown Commercial Group). (Not pictured: Ivan Baker, North Central Economic Development; John Hasse, Hasse Construction; Scott Howe, Solect Energy and Kevin Matzke, Clarius Partners.)
Investment panelists included Steven Weinstock (Marcus & Millichap), Jason Costello (MB Financial Bank), John Murphy (PNC Real Estate), Don Shapiro (Foresite Realty Advisors), Dan Deuter (CBRE), Marc Boorstein (MJ Partners) and Danielle Drabkin (The Minte). Investment panelists included Steven Weinstock (Marcus & Millichap), Jason Costello (MB Financial Bank), John Murphy (PNC Real Estate), Don Shapiro (Foresite Realty Advisors), Dan Deuter (CBRE), Marc Boorstein (MJ Partners) and Danielle Drabkin (The Minte).
At the office panel, Nooshin Felsenthal (JLL) listens to moderator Elizabeth Gracie (O’Keefe Lyons & Hynes). (Not pictured: David Burden, Colliers; Laura Operti, Wright Heerema Architects, Regina Stilp, Farpoint Development and Randel Waites, Avison Young.) At the office panel, Nooshin Felsenthal (JLL) listens to moderator Elizabeth Gracie (O’Keefe Lyons & Hynes). (Not pictured: David Burden, Colliers; Laura Operti, Wright Heerema Architects, Regina Stilp, Farpoint Development and Randel Waites, Avison Young.)
Property management panelists included Angela Aeschliman (The Missner Group) and Bridgette Battle (LJ Sheridan). (Not pictured: Derrick Johnson, Zeller Realty; Bob Dahlgren, Podolsky Circle CORFAC International and Don Stewart, Inland Investment Real Estate Services.) Property management panelists included Angela Aeschliman (The Missner Group) and Bridgette Battle (LJ Sheridan). (Not pictured: Derrick Johnson, Zeller Realty; Bob Dahlgren, Podolsky Circle CORFAC International and Don Stewart, Inland Investment Real Estate Services.)
Speakers on the multifamily breakout panels were Jeanne Peck (Berkadia), David Bradley (Marcus & Millichap) and Tammy Kelly, (Redwood Capital Group). (Not pictured: Steve Caton, Caton Commercial Real Estate; Joe Pecoraro, Skender Construction and Justin Pelej, Focus Development.) Speakers on the multifamily breakout panels were Jeanne Peck (Berkadia), David Bradley (Marcus & Millichap) and Tammy Kelly, (Redwood Capital Group). (Not pictured: Steve Caton, Caton Commercial Real Estate; Joe Pecoraro, Skender Construction and Justin Pelej, Focus Development.)

On January 17, REjournals, the National Association of Realtors and Marcus & Millichap co-hosted the 16th Annual Commercial Real Estate Forecast Conference. The Forecast, as it has come to be known, is the largest, longest-running commercial real estate forecast event in Chicago, the Midwest and perhaps the U.S. This year more than 75 sponsors participated and 900-plus attendees came to hear dozens of experts give their thoughts on where CRE is headed in 2018. Following is a photographic recap of the event.