Commercial Schedule & Sessions
Day 2 | Commercial Track
September 28 | 8:00am – 4:30pm ET
CE Credit: NC Appraisal Board approved for 7 hours
8:10 AM | Federal Reserve Update | Brian Bailey, Federal Reserve of Atlanta
The commercial real estate (CRE) industry continues to be impacted by the changing rate environment, which has created issues with asset valuations. This session will address some of the conditions that are impacting the industry and explore the challenges moving forward.
9:05 AM | Micro and Macro CRE Markets for Retail & Industrial | Chuck McShane, CoStar
Learn insights into the state of the market for North Carolina including sales, rents, demand, absorption, vacancy, financing, and trends. This session highlights micro and macro trends in the retail and industrial sectors of the valuation industry and will teach attendees how the economy is impacting these assets.
10:00 AM | Economy | Mark Vitner, Piedmont Crescent Capital
Appraisers play a crucial role in the real estate market by providing unbiased and accurate valuations of properties, and understanding the economic landscape is essential for their success. This session will explore the economic outlook for both North Carolina and the country and will provide attendees with updates on the current challenges North Carolina faces as well as the factors influencing the economy’s overall performance.
11:10 AM | Macro Office Market | Ryan Clutter, JLL
The presentation will provide a comprehensive understanding of the macro trends shaping the office market. Attendees will gain insights to navigate this evolving landscape and learn statewide and regional trends, leasing, and sales activity, supply/demand, concessions, vacancy, tenant improvement allowances, cap rates (going in and going out), and investor motives.
12:55 PM | Regional and State Self-Storage Market | Steve Johnson & Melissa Zevallos, Newmark Valuation & Advisory
Attendees will learn about self-storage market trends that occurred up to the pandemic, how the pandemic impacted storage performance, where the sector is now, and where the market is headed in the coming year. Since self-storage facilities transact primarily based on cash flow, topics covered will include trends in rent, occupancy, ancillary income, expenses, and investment rates of return. This session will cover items that impact cash flow such as inventory trends, interest rates, transaction volume, development costs, and absorption.
1:50 PM | Medical Office Market | Gerald Quattlebaum, Flagship Healthcare Properties
This presentation dives into the medical office market within the commercial real estate industry, discussing developments and acquisitions of healthcare properties as well as exclusive updates on medical office building pricing, cap rate trends, and how North Carolina cities compare to other cities regarding the medical office real estate market.
2:45 PM | Financing and Appraisal Issues | Adam Johnston, NewRez
This session will provide an overview of detecting and avoiding appraisal fraud. We will utilize a case study of an interesting and complex appraisal fraud scheme. In addition, we will update attendees on residential appraisal defects that are driving mortgage repurchase risk, highlight future risks, and discuss how appraisers can have a positive impact in reducing the risk for themselves and their clients.
3:40 PM | Marshall and Swift Valuation | Edward Martinez, CoreLogic
This session will teach attendees how to best utilize the Marshall and Swift Commercial Cost methodology. Attendees will gain a better understanding of how to maximize their knowledge and use of Marshall and Swift for valuing property types within the commercial cost handbook to provide accurate and reliable valuations.
