ORLANDOMaking preditions 35 years out take a lot of gut and a lot of experience. We caught up with David Sobelman is executive vice president and managing partner of Calkain Companies, to get six more keen predictions for the net lease market in 2050. You can read the first installment of this article here.

1. Part-timers will be phased out.
"The net lease industry attracts many part time practitioners, second only to residential real estate," Sobleman says. "With brokers' hopes of being involved in a few transactions annually, by the year 2050, those without a sole focus on net lease investment sales will be phased out. In today's market, it is common for leasing companies to leverage their position with developer clients by forcing them to use their ancillary services. In the future, there will be no need to “dangle a carrot” for ignominious practices."

2. Transparency will increase dramatically.
"It's harder to be less transparent today than it was 10 years ago, and that trend will increase as information makes itself blatantly apparent," Sobleman says. "Efficient and cost effective information will be the norm as the net lease industry grows and evolves. By 2050, underwriting tools will be available at your fingertips and will be seen as compulsory."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.