SCOTTSDALE, AZ—Much like the Titanic failing to respond to clear warning signs of ice in the water, the real estate industry failed to look at clear warning signs back in 2006. So says Gabriel Silverstein of Angelic Real Estate in this exclusive video interview during the SIOR Spring World Conference here. The clear warning bells of a coming downturn were sounded back then in the SIOR Commercial Real Estate Index.
In this video interview you'll hear Silverstein's take on:
- How the industry as a whole could miss such clear signals;
- The balance between optimism and worry;
- The creation of a society of haves and have-nots;
- The challenge of predicting the length of an upcycle with such peculiar beginnings.
Watch more EXCLUSIVE SIOR Live videos on the SIOR Thought Leader page.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
