Summit Journal

The US Opportunity Zone Program is built to institutional specifications, and now the 2027 map is coming soon. The institutions underwriting US secondary markets for the coming decade should be ready to read it.

Capital trapped without a credible purpose is a problem. Capital held for a defined period, under aligned economics and with active oversight, may simply be patient capital.

Data show that mixed-use rent premiums persist even after controlling for market and submarket differences—suggesting a genuine mixed-use environment effect.

AFIRE is pleased to announce that Managing Director and Editor-in-Chief Ben van Loon has been named a 2026 Notable Leader in Communications by Crain’s Chicago Business.

Tenants’ renewal decisions do not occur independently, but are correlated and create longer and fatter tails that skew on the downside than an assumption of independence would suggest.

The current environment for industrial real estate has an expanded set of demand drivers, layering on the traditional sources with increased resiliency features.

Despite clear opportunity, adaptive reuse arbitrage that could help restore market equilibrium has been slow to materialize, and that was before the most recent episode at the former Pfizer building in New York.

AFIRE’s Summit Journal seeks new proposals and papers for the forthcoming Issue #23, to be released in February 2027 and feature expert insights from across the full CRE spectrum.

Institutions that form the Gulf Cooperation Council (GCC) would be wise to maintain the strategies and partnerships that allow timely execution when conditions align. The window does not stay open indefinitely.

Foreign investors now hold nearly 30% of US private real estate fund assets. Yet success is highly unequal between firms and funds. So, which firms succeed, which don’t, and why?

Stewart Rubin, Matt Wnek, and Marshall Swett of New York Life Real Estate Investors make the case for US commercial real estate—despite the global challenges.

In an article originally prepared for the Observer Research Foundation, Dr. Alexis Crow of PwC balances the growth of populism and strategy adjustments for the next CRE cycle.

The AFIRE 2026 Mid-Year Pulse Report tracks the latest shifts in global institutional investor sentiment and CRE, including updates on energy, housing, and new opportunities.

Summit Journal is the official, award-winning publication of AFIRE, the association for international real estate investors. Issue #22 was released in September 2026 and is fully sponsored by Yardi Investment Matrix.

Author and AlphaGeo Founder Parag Khanna lays out five data-rich maps to forecast the future of US real estate.

Scot Bommarito and William Maher of RCLCO Fund Advisors identify some emergent green shoots in the office sector.

Paul Fiorilla and Jacob Gonzalez of Yardi Matrix look at the state of US housing in mid-2026, including opportunities at the submarket level.

From Mark Fitzgerald at Affinius Capital: the rapid expansion of cloud computing and artificial intelligence is driving one of the largest digital infrastructure investment cycles in modern economic history.

AFIRE invites global thought leaders and experts in commercial real estate to contribute to the forthcoming Issue #22 of Summit Journal.

Will McIntosh and Shaun Moura, writing for the NAIOP Research Foundation, look at new capital markets and real estate data to analyze the current debt and equity landscape.