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Spencer Levy

Spencer Levy

Global Client Strategist & Senior Economic Advisor

CBRE

Mark F. Bonner
Moderator

Mark F. Bonner

Editor-in-Chief / Chief Content Officer

Bisnow

Spencer Levy

Global Client Strategist & Senior Economic Advisor

CBRE

Spencer Levy is Global Client Strategist and Senior Economic Advisor for CBRE, the largest commercial real estate services firm in the world. In this role, he focuses on client engagement and public-facing activities, including thought leadership work performed in conjunction with CBRE Research. He also serves as Co-Chair of the Real Estate Roundtable’s Research Committee.

Spencer is frequently quoted in major business publications and appears on business television, including CNBC, CNN, Bloomberg, PBS and Fox Business. Spencer is the host of CBRE’s podcast “The Weekly Take.” He is considered one of the most insightful commentators on issues of importance to commercial real estate.

Spencer has 27 years of experience in commercial real estate, including the past 15 at CBRE. In this time, he has served as a lawyer, investment banker, capital markets and senior research leader. He leverages that varied background to formulate advice and create presentations that go deep and touch on all aspects of commercial real estate. His thoughtful analysis, coupled with a highly engaging presenting style, has made him one of the most sought-after commentators and advisors in the industry. Spencer regularly speaks at major events of the country’s leading commercial real estate organizations, including CORENET, NAIOP, ULI, ICSC, NAREIM and CREW. He also has guest lectured at his alma maters Harvard and Cornell, as well as Columbia, NYU, Johns Hopkins, Indiana, Georgetown, Pitt, UCLA, USC, Ohio State and many others.

Spencer is a recipient of multiple industry awards, including a two-time winner of the CORENET Luminary Award for Excellence in Public Speaking, the CBRE Trammell Crow Master Builder Award, the CBRE Gary J. Beban Teamwork Award, the CBRE Capital Markets “MVP”, and was named a State of Maryland Influencer in Real Estate and was recently given the Lifetime Achievement Award for Excellence in Commercial Real Estate by the Daily Record.

While a New Yorker for most of his life, Spencer currently resides in Baltimore with his wife of 23 years and their three children. Spencer serves on the board of the Baltimore Leadership School for Young Women.

Welcome to First Draft Live

THIS WEEK ... 

We’re closing out the year with a First Draft Live built for a market still defined by “uncertainty.” Think Spotify Wrapped but for commercial real estate, without the gimmicks.

Joining our final episode of 2025 is Spencer Levy, Global Client Strategist and Senior Economic Advisor at CBRE, for a sharp, honest breakdown of what actually mattered this year and what didn’t. We’ll unpack the forces keeping CRE in wait-and-see mode — interest rates, tariffs, labor shifts and geopolitics — and where that uncertainty is finally starting to crack.

The conversation will cover which asset classes and markets emerged as quiet winners, which narratives fell apart, how pricing and liquidity are resetting and where capital is finding conviction again.

Most importantly, we’ll translate all of it into what it means for 2026 — what will be hot and what will not for investors.

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Every Friday at 12:30 p.m. ET, we go live with industry experts for a sharp, timely conversation on the week’s most impactful topic — inspired by our daily newsletter, The First Draft. Whether it’s CRE capital trends, policy changes, or sector-specific activity, we break down what it means for your business right now.

We’ve hosted some of the industry's top voices — and there's more to come. Bring your questions, join the conversation, or catch the replay within 24 hours if you can't attend live.

Interested in speaking? Contact Director of Global Production Elizabeth Baker at liz.baker@bisnow.com.

Agenda

Time Activity
5:30 PM
6:00 PM
First Draft Live: Episode 22

Featuring CBRE Global Client Strategist & Senior Economic Advisor Spencer Levy