Commercial Real Estate: Certain Uncertainty

Hosted by Federal Reserve Bank of Atlanta
May 19, 2022
1:00 PM - 2:00 PM ET
Webcast

Greater uncertainty and high inflation in a rising-rate environment make the future path of commercial real estate fundamentals and values more challenging to understand. Please join the Federal Reserve Bank of Atlanta for a 60-minute webinar. The Atlanta Fed's Supervision, Regulation, and Credit (SRC) Division is introducing a real estate webinar series with our residential and commercial real estate experts, who will share their market insights, industry perspectives, and data analytics and tools. Our webinar features Brian Bailey, commercial real estate subject matter expert, who will discuss current conditions and trends in commercial real estate as well as the potential risks that lie ahead as the market emerges from COVID's impact. Brian will also share findings from the Atlanta Fed's Commercial Real Estate Momentum Index (CREMI) and highlights from recent articles about CREMI. You can subscribe to receive CREMI update alerts.

“The views expressed in this document are those of the author and do not necessarily reflect the views of the Federal Reserve Bank of Atlanta, the Federal Reserve Board of Governors, or the Federal Reserve System.”

**Attendance is complimentary and open to all qualified investors.

Join us on Slido to ask questions and participate in live polls. Use #FRBATL to enter the event from the Slido mobile app or from your browser.

Slido: https://app.sli.do/event/rdwTh4zB7zn7...

Survey: https://survey.alchemer.com/s3/685956...

If you’re seeking continuing professional education (CPE) credit, Slido participation and survey attestation are required. All surveys should be submitted by 3 p.m. (ET) on Friday, May 20, 2022.

  • Rising rates and slowing inflation?
  • Greater CRE stress in a changing economic environment?
  • Back to work we go, and the impact on the office sector
  • Underwriting. The good, the bad, and the risky
  • UP & DOWN: Cap rates UP / Value DOWN?
  • Is CRE at an inflection point?

Event Recording

Commercial Real Estate: Certain Uncertainty

01:15:59

Speaker

  • Brian D. Bailey, CCIM, CRE

    Title
    Subject Matter Expert, Commercial Real Estate
    @
    Company
    Federal Reserve Bank of Atlanta
    Role
    Speaker

    Brian Bailey is the Commercial Real Estate Subject Matter Expert in the Supervision, Regulation, & Credit Division of the Federal Reserve Bank of Atlanta. He is responsible for providing thought leadership and monitoring emerging trends in commercial real estate and finance. He provides guidance on industry dynamics, valuation, operations and finance issues. Brian has been requested to share his thoughts on commercial real estate at hundreds of venues including the Federal Reserve System Board of Governors, multiple U.S. Federal Agencies, many universities such as the Wharton School, industry conferences, and syndicated radio. 

    Brian has extensive experience, spanning both the public and private sectors, with commercial real estate valuation, transaction, development, and financial issues. Prior to joining the Atlanta Fed, Brian was employed by the private equity firm Tavistock Group to oversee real estate finance and acquisitions. He was responsible for valuation, directing due diligence and financial modeling operations, which included assessing and identifying the most financially feasible development scenarios. Some of the projects included a 7,000-acre development with over 12 million square feet of entitlements, a 200-acre development containing more than 4.5 million square feet of entitlements and a large development with over 9,000 residential lots and commercial parcels.

    Before joining Tavistock, Brian was the Director of Real Estate Finance for Flagler Development Group, Florida’s largest commercial real estate developer. At Flagler, he was responsible for the Company’s valuation and financial analysis functions, as well as providing guidance on various financial issues related to development, leasing and valuation. Brian provided real estate and financial investment advice to the company’s senior management and investment committee.

    Brian’s experience includes working for EY (Ernst & Young), where he was an executive. Brian managed multiple engagements for both private and public sector clients including United States Government, Coca Cola, 3M, Nomura, MetLife & General Electric. Prior to joining E&Y, Brian founded an industrial development company that specialized in the acquisition, development, and refurbishment of industrial and office properties. Brian started in commercial real estate as a local market appraiser. 

    After receiving a Bachelor of Arts in Business Administration from Mercer University, Brian earned an MBA degree with concentrations in Real Estate and Finance from the University of Florida. He also attained the CCIM & CRE designations. He serves at the behest of his wife of 25 years Cherri, three children and one stubborn cat.

About

Federal Reserve Bank of Atlanta

The Federal Reserve Bank of Atlanta is one of 12 regional Reserve Banks that, along with the Board of Governors, make up the Federal Reserve System. The Atlanta Fed covers the Sixth Federal Reserve District, which includes Alabama, Florida, and Georgia, and parts of Louisiana, Mississippi, and Tennessee. As part of the Federal Reserve System, the Atlanta Fed helps conduct monetary policy, promote the stability of the financial system, regulate and supervise financial institutions, foster payment and settlement system safety and efficiency, and promote consumer protection and community development.