A Letter From the Editor
CRE's Early Risers
It's always good when you are firing on all cylinders in your career. It's even better when this happens in the early part of your working years, setting the pace for years to come.
On the other hand, hitting success so early also presents its own set of challenges; particularly for highly driven individuals who are always tempted to do better and reach higher levels of achievements.
If that's the case, the young professionals featured in this issue certainly have their work cut out for them. From launching entrepreneurial ventures or crafting new innovations, to generating high production volumes or otherwise playing an integral role in the firms' success, this year's top 50 Under 40 have set benchmarks that many professionals twice their age wouldn't think to attain.
Still, if even half the members of this year's class of rising stars continues on their career trajectories, the commercial real estate industry has a lot to look forward to.
Also in this issue, we examine the multifamily industry from a variety of angles. Our Multifamily Matters report examines the state of, and prospects for, the apartment sector as it faces an environment of rising interest rates and construction costs, combined with a growing population that's making housing decisions despite slow wage growth.
We've also taken a special look at technologies specific to the multifamily industry—platforms and solutions that go beyond merely serving residents.
And don't miss our picks for Multifamily Influencers, the penultimate installment of our 2018 Influencers series. The individuals, teams and companies featured in the section have all made their marks on the industry in various ways, and they're nowhere close to slowing down.
|IN THIS ISSUE:
In some ways New York City's retail scene is grappling with the same national issues that have been bedeviling the entire industry. In other ways, the city's uniqueness makes it a story onto itself.
The new class of commercial real estate's rising stars
The apartment asset class is having a numbers problem with deals and development getting harder to pencil in. Still, the fundamentals are strong enough to withstand these issues.
From property management to brokerage, new technologies are disrupting and transforming every corner of the market
Our shortlist of the people and companies that have helped to shape the apartment sector, and continue to make an impact on the business
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