The Real Market Podcast with Chris Rising - Episode 89 Kevin Shannon of Newmark

Welcome to Episode 89 of The Real Market with Chris Rising! Dive into the current state of real estate with Chris and special guest Kevin Shannon in this episode of The Real Market podcast. Kevin, a seasoned expert in selling major office and industrial buildings, shares his unique perspective on the dramatic shifts occurring in the real estate market. Highlights of this episode: Impact of Capital Cost Changes: Explore how the rising cost of capital is reshaping the real estate landscape, particularly in the office sector. Office Sector Analysis: Gain insights into the challenges and future of office real estate, considering post-pandemic work trends and the double impact of cost and utilization. Industrial and Multifamily Sectors: Delve into the current state and outlook for these sectors, including the effects of speculative development and interest rate fluctuations. Future Predictions: Hear Kevin's forecasts for 2024, covering interest rates, market recovery, and potential federal interventions. Geographical Focus: Learn which markets are best for selling office, industrial, and multifamily properties in the current climate. Sports and Leisure: End on a lighter note with a discussion on college sports and predictions for upcoming games.