Sector Views: Opportunities in US Retail, Office & Hotels

Virtual, November 16, 2021

REAL ESTATE SECTOR VIEWS: OPPORTUNITIES IN US OFFICE, RETAIL & HOTELS

Tuesday 16 November 2021 | 10–11am ET | Virtual/Zoom

The US commercial real estate sector is at a unique point in history, where the differences between property types have become larger than ever. Strong property fundamentals have driven virtually every institutional real estate manager into overweighting industrial and apartment assets, which could be creating tactical opportunities in the more stigmatized office, retail, and hotel sectors.

All three of these sectors have a limited pool of institutional buyers today and, in the case of hotels, existing owners are often struggling through the liquidity problems that come from eighteen months of low or negative property income. How should investors balance the relative value being offered by different property types today, and where are the best opportunities?

All AFIRE members are invited to join this special virtual session, sponsored by MetLife Investment Management.

SPEAKERS

William Pattison

Head of Real Estate Research & Strategy, MetLife Investment Management

William Pattison is the head of the real estate research & strategy team within the risk, research & analytics group of MetLife Investment Management (MIM). He is responsible for research and strategy development in support of MIM’s real estate equity and debt platforms. In this role, he works closely with MIM’s real estate regional offices and portfolio managers to craft the strategic house view, drive thought leadership initiatives, project capital market trends, and develop investment strategies that seek to maximize returns while minimizing market, rate, and liquidity risks. As a member of the Investment Committee, William is responsible for reviewing and voting on all U.S. real estate acquisitions.

Prior to joining MetLife in 2015, William worked for ten years in the real estate group at Aegon Real Assets. William is a graduate of Iowa State University, where he earned his Bachelor of Science degree in economics.

Sabrina Unger

Managing Director, Research & Strategy, American Realty Advisors

Sabrina Unger is Managing Director, Research and Strategy, leading the firm’s research initiatives and working closely with the firm’s Investment and Portfolio Management Teams in developing investment analysis in support of new acquisitions and strategy implementation. Ms. Unger is also a member of the firm’s Investment Committee. Prior to joining ARA, Ms. Unger was a Senior Associate, Global Research with Invesco developing global portfolio strategies as well as authoring numerous thought leadership papers and contributing to the firm’s House View. Before that, she held positions as a member of the research team at Clarion Partners and a top strategist for a sports entertainment company’s real estate divisions. She has been published in leading industry publications, including Real Assets Adviser, and the research publications of ANREV and AFIRE. She is an active member of NAIOP and served on the NAIOP Editorial Board for the 2016 – 2019 publication seasons.

Ms. Unger has over 9 years of experience and earned a B.A. degree from Southern Illinois University and a M.A. from DePaul University. 

Asmait Tewelde, Meeting Director
atewelde@afire.org+1 202 312 1404