LOS ANGELES—Last month, the other shoe finally dropped when the Federal Reserve announced the first interest rate hike in seven years. That is according to Hana R. Hong, associate and Michael C. Polentz, co-chair of the real estate and land use practice group at Manatt Phelps & Phillips LLP. "Emerging Trends in Real Estate 2016," the highly-regarded annual report co-published by PwC and the Urban Land Institute (ULI), now in its 37th edition, crunches that and countless other metrics of the US real estate market to conclude that, with some exceptions, the expansionary upcycle of 2015 should continue this year." Below, the team spotlights three of the issues covered in the report that appear likely to have the largest impact on the industry as a whole.
The views expressed below are the authors' own.
Overall Impact of Interest Rate Hikes—TBD
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
