Some Recent Informative CRE Lunches

Suburban BOMA's luncheon featured Cohen Financial managing director Christopher Carroll talking about CRE debt—of which there's a lot: $2 trillion or so all together, $1 trillion of which is multifamily debt (give or take a few billion). Everyonewants to finance multifamily deals, he says, to the point at which cap rates on the coasts for such deals can be as low as the mid-4s.
 
Bisnow was also able to snap the Chicago-area winners of three Regional TOBY Awards, who got their awards at the Suburban BOMA lunch. The winners: CBRE's Kathy Kolar for the Woodfield Corporate Center; the GSA's Rich Falzone for the Hammond Federal Courthouse; and Colliers' Allyson Massengill, for 1800 Central Rd.
We're fond of lunches, so this week we hit SIOR's Chicago Chapter featuring IBM Software Group's Mike Watson. Mike spoke to the audience about the optimization of the supply chain structure within companies, citing several examples of how a thorough analysis of the chains can be spot-on in unearthing savings options for companies. He also described how Chicago is still typically in the final five of cities chosen by clients as desired locations for manufacturing or distribution (we still got it, Sunbelt cities).

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