This is a chart analysis using the same data from the previous COVID-19 paper1 to focus specifically on the state of Florida and further focus on selected metropolitan areas. We should expect that as the samples get smaller, the results will become more volatile. However, the consistency of pattern confirms our initial interpretations. If we take the Survey Collection results at the national level and assume a similar result for Florida, we might anticipate that the NOI for the third
Bergstrom Center Articles: page 1
Meet Bill Hughes, leader of UF Warrington’s new Applied Real Estate Research Initiative
The University of Florida Warrington College of Business recently announced the creation of a preeminent resource for the real estate industry, the Applied Real Estate Research Initiative, housed in the Bergstrom Real Estate Center. Tapped to lead the Applied Real Estate Research Initiative is real estate expert Bill Hughes. As Executive Director of Applied Research, Hughes will lead the effort in delivering data-driven reports for the real estate community. Most recently, Hughes served for 15 years as Global Head of
Initial Impact of COVID-19 on Commercial Real Estate Operations
It has been eight months since we learned about this virus and five months since the world started collectively reacting to it. In terms of real estate investment, this is a very short time. Five months is also too short to measure, collect and analyze the entire impact of any event on real estate operations. However, initial measures reveal that the impact is significant. Initial estimates of second quarter US GDP suggest that the economy operated at a level 9.5%
Status of Bergstrom Real Estate Center Applied Research Initiative
Most people are aware of Kelley Bergstrom’s significant new gift in support of an applied research program at the Bergstrom Center. Kelley’s vision for the center has always included a research component that would leverage the research capabilities of the university and provide valuable insights to the practitioners in the state. Our first step in this development was bringing Bill on board to lead the effort. Bill’s early impression of the Center is one of great appreciation for the support
Announcing the Applied Real Estate Research Initiative of the UF Bergstrom Real Estate Center
The University of Florida Warrington College of Business is proud to announce the creation of a preeminent resource for the real estate industry, the Applied Real Estate Research Initiative. Housed in the UF Bergstrom Real Estate Center, the Applied Real Estate Research Initiative will bring together the University of Florida’s immense research capabilities in real estate related fields like urban planning, law, building construction and other areas that will position UF as the state and nation’s authoritative university-based source for
How persistence and grit helped this real estate student land an internship during the COVID-19 pandemic
“If at first you don’t succeed, try and try again.” Just a few months ago, in February, I had the fortune of choosing between two great internship offers – one from an industry leader in real estate market data, and the other from one of the largest real estate services company in the world. The initial recruitment cycle was a whirlwind to say the least, but I was lucky enough to have Business Career Services Associate Director and Career Coach
Excel modeling course created by UF Real Estate alumni lands two universities during pandemic downtime
In the fall of 2019, then-Nathan S. Collier Master of Science in Real Estate (MSRE) students Mike Harris (BABA ‘19, MSRE ‘20), Connor Kreis (BSBA’19, MSRE ‘20) and James Barrios (BSBA ’19, MSRE ‘20) noticed that there was a lack of basic excel training programs at many universities. As problem-solving and innovative students, they decided to take matters into their own hands and create their own training program. That same semester, the three students launched a new real estate Excel
Virtual master class connects real estate students with industry professionals
While COVID-19 has impacted the way in which students at the Warrington College of Business gain professional development experience, the learning has continued via a virtual connection. In the case of students in the Nathan S. Collier Master of Science in Real Estate (MSRE) program, learning from industry professionals was only a Zoom call away as part of a virtual master class offered for eight weeks this summer. The three-day-a-week class featured presentations from Bergstrom Advisory Board members, alumni and
This is what a virtual internship is like, according to a real estate student who completed one
As I began the Nathan S. Collier Master of Science in Real Estate (MSRE) program this past fall as a combined degree student to begin advancing my education, background and network in the commercial real estate industry, I was excited about getting a hands-on learning experience at an internship this summer. I went through the internship recruiting process with several companies before accepting an offer with the Real Estate Advisory Group at Duff & Phelps in their Atlanta office. Shortly
New research finds commercial real estate prices are not equally affected by the COVID-19 pandemic
GAINESVILLE, Fla. – As the COVID-19 pandemic continues to wreak havoc on the world, the resulting economic consequences are negatively affecting people and businesses alike. With unemployment rates rivaling that of the Great Depression and many businesses hanging ‘closed’ signs in their windows, people are struggling to make essential payments – a major one being their personal and business properties. Between the lack of cash on-hand and rent strikes across the nation, commercial property owners have been hit hard. Real