Ep. 31: The Evolution of Institutional Real Estate - Geoffrey Dohrmann - Founder, Chairman & CEO of IREI
Feb 20, 2024
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Geoffrey Dohrmann and Brandon discuss ERISA Funds, Defined Benefits, and the potential Pension Fund crisis. They touch on the state of institutional real estate markets, valuations, and the evolution of technology in the industry. Geoff shares his perspective on transparency for investment managers and offers advice for client services professionals. They speculate on the future of institutional real estate in the financial market's eyes and IREI's plans for the next decade.
Investment volumes across all property types continue to decline based on recent Q3 numbers. CBRE forecasts possible interest rate cuts by the Federal Reserve in March 2024, which could stimulate investment activity recovery by mid-2024, amid inflation.
Transformation in Institutional Real Estate Industry
Jeff Dorman, founder of Institutional Real Estate, Inc., discusses the evolution of the institutional real estate industry. From its historical roots investing in residential mortgages to the expanding scope covering various real estate types, the industry has progressively embraced transparency, technology, and diversified asset allocations over the years.
Challenges and Opportunities Amid Market Uncertainty
Navigating through the current market uncertainties, advice is provided for client service professionals. Despite market downturns, the recommendation is to enhance visibility by engaging with investors face to face. Emphasis is placed on maintaining marketing efforts while staying connected with clients through challenging times to seize market opportunities.
Future of Institutional Real Estate and Technology Integration
The vision for the future of institutional real estate involves greater transparency, fueled by advanced AI technology. As the industry progresses, the alignment of investors and technology for enhanced data reliability aims to make IREIQ the leading database platform. Moreover, technology-driven innovations are expected to reshape real estate practices and market dynamics in the coming years.
IREI's Future Outlook and Market Expansion
IREI's future goals include expanding publication impact globally, solidifying IREIQ as a premier industry database, engaging with private wealth advisory markets, and driving transparency by fostering collaboration with subscribers. Jeff Dorman's legacy reflects a commitment to advancing the institutional real estate landscape through innovation, insightful publications, and strategic market positioning.
Geoffrey Dohrmann, CRE, is the founder, chairman, and CEO, and also serves as a director, of Institutional Real Estate, Inc., a San Ramon, Calif.–based publishing and consulting company focused on meeting the information needs of the institutional real estate, infrastructure, and private wealth advisory investment communities.